Qualcomm to Record $4.5 Billion Revenue From Apple Settlement

Scott Rosenberg and Ina Fried, reporting for Axios:

In its quarterly earnings released today, Qualcomm said it would record $4.5-$4.7 billion revenue in the coming quarter as part of its settlement of a long-running intellectual-property quarrel with Apple.

This isn’t catastrophic for Apple, and I think that figure is exactly in line with what just about everyone expected. But don’t tell me Qualcomm wasn’t the winner here.

★ Wednesday, 1 May 2019