With Apple lawsuits still looming, Qualcomm beats revenue expectations

Against a backdrop of a year-long legal battle with Apple, Qualcomm has beat analysts’ revenue and earnings estimates in its fourth fiscal quarter. Qualcomm booked $5.96 billion in sales, or 92 cents per share, versus expectations of $5.8 billion and 81 cents per-share as the overall economics of the chip business continue to improve. The numbers were good enough to bump shares of the stock up