https://wccftech.com/qualcomm-90-percent-profit-drop/

In its legal spat with Apple, Qualcomm has posted quarterly earnings of an 89.7 percent decline in profits as the chipset manufacturer is facing a massive $778 million fine from Taiwanese regulators.

The aforementioned figure is down $1.6 billion in 2016, according to a report from Reuters. EPS value came out as 92 cents, while revenue generated was $5.91 billion. Though Qualcomm managed to beat expectations of Wall Street, it does note that its earnings were negatively impacted thanks to the actions of Apple and its contract manufacturers.