Qualcomm earnings top estimates on surge in modem chip sales

(Reuters) - Chipmaker Qualcomm Inc's earnings and revenue exceeded Wall Street forecasts for the first fiscal quarter as demand surged for its chips used in smartphones and cars, making up for a fall in licensing revenue.

from Reuters: Top News http://uk.reuters.com/article/uk-qualcomm-results/qualcomm-earnings-top-estimates-on-surge-in-modem-chip-sales-idUKKBN1FK34U?feedType=RSS&feedName=topNews