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Qualcomm's quarterly revenue exceeds expectations

2013-04-24T200912Z_1_CBRE93N1JZS00_3_MOBILE-WORLD.JPG

 (Copyright Reuters 2013)

Leading mobile chipmaker Qualcomm posted fiscal second-quarter revenue of $6.12 billion and net income of $1.87 billion, or $1.06 a share, as demand for smartphones continues to grow.

Analysts on average expected second-quarter revenue of $6.085 billion, according to Thomson Reuters I/B/E/S.

(Reporting By Noel Randewich; Editing by Steve Orlofsky)