Qualcomm reports Q3 revenue down 23% YoY to $8.45B, vs. $8.5B est., handset chip revenue down 25% YoY to $5.26B, and net income down 52% YoY to $1.8B (Kif Leswing/CNBC)

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Kif Leswing / CNBC:
Qualcomm reports Q3 revenue down 23% YoY to $8.45B, vs. $8.5B est., handset chip revenue down 25% YoY to $5.26B, and net income down 52% YoY to $1.8B  —  - Qualcomm reported third-quarter earnings on Wednesday that beat Wall Street expectations, but revenue and guidance for the fourth quarter came up short.

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