Qualcomm (NASDAQ:QCOM) reported quarterly earnings of $2.85 per share which beat the analyst consensus estimate of $2.81 by 1.42 percent. This is a 16.8 percent increase over earnings of $2.44 per share from the same period last year. The company reported quarterly sales of $10.84 billion which beat the analyst consensus estimate of $10.65 billion by 1.77 percent. This is a 15.45 percent increase over sales of $9.39 billion the same period last year.