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erzatitania
Apple's $7 billion delinquency

Link: https://www.bloomberg.com/news/articles/2018-10-26/qualcomm-says-apple-i...

 

Qualcomm claims that Apple owes $7 billion in royalties for the patented technology used in iPhones and iPads... and Apple won't pony up.  They're not acting like they forgot, they're just saying that Qualcomm is trying to bully them into overpaying.  What happens if Apple loses this one?  When you look at their consistent earnings of over 200 billion dollars a year, 7 billion seems like a drop in the bucket. I wonder what changes they'll have to make, though, if they lose the right to use those patented technologies...

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Tom Kaskey

Actually, the matter is in court and a court will decide how much Apple owes. $7bn is not what Apple owes, it's what Qualcomm would want in their wildest dreams or more than that.

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