Qualcomm's quarterly revenue exceeds expectations

SAN FRANCISCO, April 24 Wed Apr 24, 2013 4:08pm EDT

SAN FRANCISCO, April 24 (Reuters) - 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.