Qualcomm revenue rises 3.6 percent

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A man walks past a Qualcomm advertising logo at the Mobile World Congress at Barcelona, February 27, 2013. REUTERS/Albert Gea/File Photo     GLOBAL BUSINESS WEEK AHEAD PACKAGE - SEARCH ''BUSINESS WEEK AHEAD JULY 18'' FOR ALL IMAGES
A man walks past a Qualcomm advertising logo at the Mobile World Congress at Barcelona, February 27, 2013.

Reuters/Albert Gea/File Photo GLOBAL BUSINESS WEEK AHEAD PACKAGE – SEARCH ”BUSINESS WEEK AHEAD JULY 18” FOR ALL IMAGES


Qualcomm Inc (QCOM.O) reported a 3.6 percent rise in quarterly revenue, driven by strong demand for its flagship Snapdragon processors used in smartphones.

Net Income attributable to Qualcomm rose to $1.44 billion, or 97 cents per share, in the third quarter ended June 26, from $1.18 billion, or 73 cents per share, a year earlier. bit.ly/29Pflgm

Revenue rose to $6.04 billion from $5.83 billion.

(Reporting by Rishika Sadam in Bengaluru)