Thursday, May 2nd 2019
Apple to Pay Qualcomm Up To $4.7 Billion in Licensing Fee Arrears
Qualcomm in its quarterly earnings results posted late Wednesday disclosed that it expects Apple to pay it anywhere between USD $4.5 billion to $4.7 billion in licensing fee arrears incurred over the past two years when the two companies were locked in a bitter wireless technology IP licensing dispute. This figure, however, is significantly less than the $7 billion Qualcomm earlier claimed Apple owed. Apple had alleged that Qualcomm unfairly used its market position to inflate costs of cellular modems, and had withheld payments since Q2 2017. Qualcomm's investors are interested in knowing how the two companies arrived at $4.5 billion to $4.7 billion, particularly if Apple scored a discount as part of the settlement.
Source:
Bloomberg
12 Comments on Apple to Pay Qualcomm Up To $4.7 Billion in Licensing Fee Arrears
and intentionally lock down their device for repair, data recovery, awful build quality and design, repeated engineering failure
that causing device to break earlier compared to other similar priced devices, planned obsolescence, and many other things which Apple do to control their consumers
Apple whining about Qualcomm abuses their power, while they doing the same to their customers
but Apple? while there are attempts to imitate apple design/build, but apple ecosystem is so deeply embedded that their consumer willing to be abused/milked to death just to keep using apple product
Who would've guessed Qualcomm's legal team could delay Apple's legal team enough until Apple had no choice but to buy from Qualcomm since Apple never had a real alternative.
And called Intel's bluff in the process.
Its not like they don't have $7billion to fork out. Though I guess that would wipe a massive chunk of their price on the stockmarket as investors take their money elsewhere
I think what's happening with Apple is inevitable and it also happens elsewhere on mobile; its fast becoming a stagnant market much like the PC is, and that takes some adjustment. Apple already adjusted quite a bit, but its fighting many competitors now instead of being the halo brand. Apple is no longer the one pushing best practices in smartphones, because really, that is what made them as big as they are. We know those best practices now, and its the norm. What we see is a company / shareholders that have trouble getting to grips with that.