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Re: goforthebet post# 7721

Monday, 07/26/2021 12:01:46 PM

Monday, July 26, 2021 12:01:46 PM

Post# of 22911
All kinds of articles out there on A v Q this one mentions A owing Q $7 billion in back royalties which A stopped paying sometime in 2017.
https://www.zdnet.com/article/apple-owes-7-billion-in-royalty-payments-qualcomm-claims/

I was wrong about the $4.5 not including the royalties. The "fees" are a mystery thrown in the pot I suspect.

After they reached a settlement the NYT reported the $4.5 BB that A paid Q.
And from another article Q owed A $1 billion sooo...


May 1, 2019
Qualcomm will book a one-time payment of $4.5 billion to $4.7 billion next quarter from its settlement with Apple in a patent battle, the mobile chip maker said Wednesday as it reported its quarterly earnings.

and...Excluding that payment, Qualcomm estimated $4.7 billion to $5.5 billion in revenue in the next period, its fiscal third quarter, with a midpoint slightly below the $5.29 billion analysts had been expecting, according to IBES data from Refinitiv.

and...The settlement with Apple, which includes a six-year patent license and a chip supply agreement, is expected to generate $2 per share in additional earnings, Qualcomm has said. Financial details have not been disclosed, but the deal is expected to help Qualcomm regain the pre-eminent mobile chip position it held in the early 2010s.



https://www.nytimes.com/2019/05/01/technology/qualcomm-apple-payment.html

So it looks to me like if adding the onetime payment to some portion of the $5ish billion both due in that Q3 of 2019 Apple paid at least $4.5 billion to Q and maybe a bit more to get even. jmo




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