Qualcomm reported a 4% revenue increase in the three months through Dec. 25. In addition, Stacy Rasgon is an analyst with Bernstein Research. "Qualcomm Profit Slumps as Expenses Rise" at 17:30 ET (and updated at 18:20 ET and 18:52 ET), incorrectly stated the company reported a 6.2% revenue increase in the second paragraph. and incorrectly stated the name of the firm Stacy Rasgon works for in the 11th paragraph. (Jan. 26, 2017)

(END) Dow Jones Newswires

January 26, 2017 14:30 ET (19:30 GMT)

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