Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
JACOBS PAUL E
   2. Issuer Name and Ticker or Trading Symbol
QUALCOMM INC/DE [QCOM] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last)
(First)
(Middle)
5775 MOREHOUSE DR.		 3. Date of Earliest Transaction (Month/Day/Year)
06/29/2007
(Street)

SAN DIEGO, CA 92121-1714		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/02/2007   M   3,810 A $ 17.47 989,671 I by Trust (1)
Common Stock 07/02/2007   M   9,149 A $ 22.23 998,820 I by Trust (1)
Common Stock 07/02/2007   M   18,000 A $ 22.23 1,016,820 I by Trust (1)
Common Stock 07/02/2007   M   1,041 A $ 17.47 1,017,861 I by Trust (1)
Common Stock 07/02/2007   S(2)   14,000 D $ 43.6 1,003,861 I by Trust (1)
Common Stock 07/02/2007   S(2)   18,000 D $ 43.96 985,861 (3) I by Trust (1)
Common Stock               241,379 I By GRAT
Common Stock               22,880 I FBO children
Common Stock               8,634 I Jt Tenant
Common Stock               241,379 I by GRAT S (4)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 17.47 07/02/2007   M     3,810   (5) 11/07/2012 Common Stock 3,810 $ 0 34,375 D  
Non-Qualified Stock Option (right to buy) $ 17.47 07/02/2007   M     1,041 05/08/2003(5) 11/07/2012 Common Stock 1,041 $ 0 33,334 D  
Non-Qualified Stock Option (right to buy) $ 22.23 07/02/2007   M     9,149   (5) 11/27/2013 Common Stock 9,149 $ 0 190,851 D  
Non-Qualified Stock Option (right to buy) $ 22.23 07/02/2007   M     18,000   (5) 11/27/2013 Common Stock 18,000 $ 0 172,851 D  
Phantom Stock Unit (6) $ 1 06/29/2007   A   577     (7)   (8) Common Stock 577 $ 43.028 27,952.664 I by Grantor Trust (6)
Non-Qualified Stock Option (right to buy) $ 17.47               (5) 11/07/2012 Common Stock 1,041   1,041 I by Spouse

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
JACOBS PAUL E
5775 MOREHOUSE DR.
SAN DIEGO, CA 92121-1714		   X     Chief Executive Officer  

Signatures

 By: Noreen E. Burns, Attorney-in-Fact For: Paul E. Jacobs   07/03/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Securities held by Paul E. Jacobs and Stacy Jacobs Trustees for the Paul & Stacy Jacobs Family Trust dtd. 5/3/00.
(2) The disposition of shares was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.
(3) Includes 330 shares acquired under the Company's Employee Stock Purchase Plan on June 30, 2007.
(4) Securities held by Harlan A. Jacobs, Trustee of The Stacy R. Jacobs Annuity Trust.
(5) The options vest 10% on the six month anniversary of the date of grant and the remaining balance vests monthly thereafter. The option is fully vested five years after the date of grant.
(6) The common stock issued under the terms of the Company's Executive Retirement Matching Contribution Plan, a tax conditioned plan, is exempt under Rule 16b-3. The shares are held in a grantor trust and stock is the only permissable form of distribution under the Plan.
(7) The rights awarded under the Company's Executive Retirement Matching Contribution Plan will be eligible for distribution upon termination and vest according to the following schedule: 100% at age 65 with acceleration provisions (1) at the rate of 25% per year for each subsequent year of participation, (2) after the individual reaches age 61, or (3) if they have more than 10 years of service.
(8) The rights awarded under the Company's Executive Retirement Matching Contribution Plan will be eligible for distribution upon termination.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.