QUALCOMM INC/DE — Director's Dealing 2011

May 2, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-04-28

Reporting Person: JACOBS IRWIN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-28	Common Stock	S	16526	$57.5439	Disposed	8823981	Indirect
2011-04-27	Common Stock	G	1000000	—	Acquired	8840507	Indirect
2011-04-28	Common Stock	S	16526	$57.5439	Disposed	8823981	Indirect
2011-04-27	Common Stock	G	52429	—	Disposed	4377918	Indirect
2011-04-27	Common Stock	G	1000000	—	Disposed	2377918	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2897.2376	Direct

Footnotes

F1: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F2: The sale prices for this transaction ranged from $57.1750 to $57.99. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: Stock options held by Nicholas S. Oliva, Trustee of the Irwin Mark Jacobs' Grantor Retained Annuity Trust.

F4: Gift to Spouse's Grantor Retained Annuity Trust (GRAT) who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by Mrs. Jacobs' GRAT, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.

F5: Stock options held by Nicholas S. Oliva, Trustee of the Joan Klein Jacobs' Grantor Retained Annuity Trust.

F6: Securities held by Joan Klein Jacobs, Trustee of the Joan Klein Jacobs' Grantor Retained Annuity Trust.

F7: Securities held by Irwin M. Jacobs & Joan Klein Jacobs as Trustees of the Irwin Mark Jacobs & Joan Klein Jacobs Family Trust UTA dtd 6/2/80, as amended 6/30/92.