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 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
ATKINSON RICHARD C
   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
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
5775 MOREHOUSE DR.		 3. Date of Earliest Transaction (Month/Day/Year)
07/30/2004
(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 06/29/2004   G V 54,870 D $ 0 0 I by GRAT 3
Common Stock (1) 07/30/2004   X(2)   36,007 A $ 69.21 (2) 384,239 I by Trust
Common Stock (1) 07/30/2004   X(2)   163,993 D $ 56.75 (2) 220,246 I by Trust (3)
Common Stock               32,640 I FBO relatives (4)

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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
Long Puts (right to sell) $ 56.75 07/30/2004   X(1)     1 07/30/2004 07/30/2004 Common Stock 200,000 $ 56.75 0 I by Trust

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
ATKINSON RICHARD C
5775 MOREHOUSE DR.
SAN DIEGO, CA 92121-1714		   X      

Signatures

 By: Noreen E. Burns, Attorney-In-Fact For: Richard C. Atkinson   08/03/2004
**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) The reporting person entered into a prepaid forward contract providing a right to deliver the underlying shares on the maturity dated if the market price at maturity is less than the contract "floor price" and an obligation to deliver underlying shares on the maturity date whose value equals the excesof the aggregate contract "cap price" over the aggregate market price of the underlying shares. Only one of the options can be in the money on the maturity date. On the maturity date, the in-the-money option (if any) will be exercised and the out-of-the-money option(s) will expire.
(2) On July 30, 2004 i) The reporting person delivered 163,993 shares of common stock in settlement of the 3-year variable prepaid forward contract covering up to 200,000 shares of the common stock which the reporting person entered into on July 31, 2001; ii) The reporting person retained ownership of 36,007 shares remaining under the original contract, as calculated based on the closing price ($69.21) of the common stock on 7/30/04.
(3) Securities held by Rita L. Atkinson & Richard C. Atkinson as Co-Trustees of the Richard Chatham Atkinson & Rita Loyd Atkinson Family Trust UTA dtd. 12/04/80.
(4) Securities held by Richard C. Atkinson and Rita L. Atkinson as Trustees for certain relatives.

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