Apple paid up to $6 billion to settle with Qualcomm, UBS estimates

Apple paid up to $6 billion to settle with Qualcomm, UBS estimates

5 years ago
Anonymous $9jpehmcKty

https://www.cnbc.com/2019/04/18/apple-paid-5-billion-to-6-billion-to-settle-with-qualcomm-ubs.html

Apple probably paid Qualcomm between $5 billion and $6 billion to settle the litigation between the two companies, UBS analyst Timothy Arcuri estimated in a note distributed on Thursday.

Apple probably also agreed to pay between $8 and $9 in patent royalties per iPhone, estimated UBS, based on Qualcomm's guidance that it expects earnings per share to increase by $2 as a result of the settlement.

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