Qualcomm reports Q3 revenue down 23% YoY to $8.44B, vs. $8.5B est., handset chip sales down 25% YoY to $5.26B, and net income down 52% YoY to $1.8B (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Qualcomm reports Q3 revenue down 23% YoY to $8.44B, vs. $8.5B est., handset chip sales 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.