Qualcomm 2Q Revenue, Earnings Down — Earnings Review

By Sabela Ojea

Qualcomm on Wednesday reported lower earnings and revenue for its fiscal second quarter. Here’s what you need to know:

–REVENUE: Qualcomm posted revenue of $9.28 billion for the three months ended March 31, beating analysts expectations of $9.09 billion, according to FactSet. This compares with reported revenue of $11.16 billion…