Qualcomm reports Q1 revenue up 17% YoY to $11.67B, vs. $10.93B est., handsets revenue up 13% to $7.57B, net income up 15% to $3.18B, issues a strong Q2 guidance (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Qualcomm reports Q1 revenue up 17% YoY to $11.67B, vs. $10.93B est., handsets revenue up 13% to $7.57B, net income up 15% to $3.18B, issues a strong Q2 guidance  —  Qualcomm reported better-than-expected fiscal first-quarter results on Wednesday and issued strong guidance for the current period.