I'm sure you'd need your $4.5B too, in fact I bet you'd need your $100 if someone owed it to you. Stop acting like someone needing their money is a bad thingAnd Qualcomm needed the money.
I'm sure you'd need your $4.5B too, in fact I bet you'd need your $100 if someone owed it to you. Stop acting like someone needing their money is a bad thingAnd Qualcomm needed the money.
And Qualcomm needed the money.
Apple already owed the royalty but was pending due to litigation.How can it not be a win? They presumably got their overdue royalty payments, an increase in the royalty rate from $7.50 to between $8 to $9 per device, and another long term commitment. Supposedly wanting $15 and getting ~$8 or so can't be considered losing... especially when they were getting $0 in overdue payments, $0 dollars per device in current and future payments, and no commitment for 5G modems. In no version of this tale did Qualcomm not win. That's not to say Apple lost, because they didn't. But you can't honestly put forth an argument where Qualcomm didn't win.
Are you defending Apple preemptively?So don't start coming in here saying Apple lost and all that.
And Qualcomm needed the money.
I could be wrong, but I don't think that is what @I7guy was acting like.I'm sure you'd need your $4.5B too, in fact I bet you'd need your $100 if someone owed it to you. Stop acting like someone needing their money is a bad thing
I'm defending the facts. No one knows the terms and $4.5B is a drop in the bucket, particularly if AAPL got the terms they wanted longer term.Are you defending Apple preemptively?
I could be wrong, but I don't think that is what @I7guy was acting like.
Not going to rehash this but Apple is not thinking it just decided not to pay Qualcomm because...Of course it did. Qualcomm gave apple the products it needed and in return apple broke their agreement and payed nothing. That's called a scam and there's no way to defend apple in this.
"Apple lost"-- what does that mean to you, exactly?
More confirmation apple was lying about being overcharged.
No one knows for sure, but everyone can make educated guesses, and most people guess Apple lost, and they are probably right.
More confirmation apple was lying about being overcharged.
How did you even remotely come to that conclusion with so little additional information?
The only losers in this were the lawyers on both sides who won't be getting paid to fight any more and Intel who are looking more and more pathetic each year.
From yesterdays news: "Apple believes its Mac revenue would have increased this quarter, but was down 5% due to processor constraints"
Can't be long now until Apple is an ARM only house.
Please re-read my quote. Nothing in it implies I know the terms of the agreement. It's why I used words like presumably and supposedly. Nothing in my quote implies a loss for Apple. In fact my quote explicitly says the opposite. I openly stated they didn't lose. My point was you can't provide a basis to say Qualcomm didn't win.Apple already owed the royalty but was pending due to litigation.
Again, you don't know the terms, so you can't decide it's a loss for Apple. It could also be a win for both companies, but a lot of people here are assuming Apple got creamed. Highly doubtful.
https://www.cnet.com/news/apple-plotted-to-hurt-qualcomm-years-before-it-sued-the-company/
Apple allegedly 'plotted' to hurt Qualcomm years before it sued the company
Before Apple ever filed suit against Qualcomm, the iPhone maker allegedly wanted to hurt the company. And it put those plans down in documents obtained by Qualcomm as the two companies prepared to meet in court.
Slides with details of those documents -- viewed by reporters in court, including CNET -- have now been made public. You can see the full slides here (and below).
In September 2014, a document from Apple titled "QCOM - Future scenarios" detailed ways the company could exert pressure on Qualcomm, including by working with Intel on 4G modems for the iPhone. Apple and its manufacturing partners didn't actually file suit against Qualcomm until more than two years later. A second page of that document, titled "QCM - Options and recommendations (2/2)" revealed that Apple considered it "beneficial to wait to provoke a patent fight until after the end of 2016," when its contracts with Qualcomm would expire.
"They were plotting it for two years," Qualcomm attorney Evan Chesler, of the firm Cravath, Swaine & Moore, said during his opening arguments last week. "It was all planned in advance. Every bit of it."
Another Apple internal document from June 2016 said the company wanted to "create leverage by building pressure three ways," according to a slide shown in court. The internal document said, in part, that Apple wanted to "hurt Qualcomm financially" and "put Qualcomm's business model at risk."
Apple had purchased Qualcomm modems for its iPhones for years until the falling out. One 2009 memo said Qualcomm is "widely considered the owner of the strongest patent portfolio for essential and relevant patents for wireless standards."
"Engineering wise, they have been the best," Johny Srouji, Apple's head of semiconductors, said in a March 2015 email.
The earlier memo also noted that while more than half of Qualcomm's patent portfolio was communications and silicon engineering, it "has more significant holdings in other areas, including many areas relevant to Apple." That included media processing, non-cellular communications and hardware. Apple had argued in its lawsuit that Qualcomm's technology was only used in its modem and it shouldn't be forced to pay Qualcomm royalties for innovations it had nothing to do with.
Sounds like UBS analyst Timothy Arcuri was right on the mark when he said Apple paid Qualcomm between $5 billion and $6 billion to settle the litigation. Qualcomm owed Apple $1B so Apple is writing a check for $4.5B.
He also suggested Apple paid between $8 and $9 in patent royalties per device, a huge win for Qualcomm given the growth in LTE Watch and iPad.
So, nothing for AAPL, particularly if they get a long term deal they find favorable.
Remember kids, the $4.5B is likely just royalty payments Apple stopped making during litigation and they are paying QCOM to make them whole on previously agreed terms. This isn't like a $4.5B bonus for QCOM.
So don't start coming in here saying Apple lost and all that. No one knows the terms.
QCOM -5% after earnings.
It would be "voluntarily" if Qualcomm did not sue Apple and Apple decided to pay them anyways. What we have here is as voluntary as a shotgun wedding.They weren’t forced. By virtue of the settlement, which could have resulted in a protracted legal battle had they not settled, they (Apple) settled and that means voluntarily handing over the money.
That’s not the way this would work.It would be "voluntarily" if Qualcomm did not sue Apple and Apple decided to pay them anyways. What we have here is as voluntary as a shotgun wedding.
Apple claimed that Qualcomm "double dipping" was illegal and they did not have to pay them any royalties at all:Your math is suspect.
If Apple is currently paying $7.50 for 4G modems (which is what Apple claimed), and now gets 5G (which also includes 4G for compatibility) for $8-9, then it means Apple is only paying between $0.50-1.50 for 5G. Seems like a bargain to me.
Qualcomm stated back in Oct 2018 that Apple owed $7 billion in withheld royalties. Minus the $1 billion Apple won in a previous ruling leaves $6 billion. The actual amount was $4.5 billion so that "analyst" was off a whopping $1.5 billion.
Looks like he wasn't right AT ALL.