Qualcomm Will Make a Great Deal of Money Thanks to the iPhone
Apple and Qualcomm have recently settled their patent dispute, with the two also signing a new deal that would most likely bring a 5G iPhone closer to fruition.
While no specifics on the agreement were offered, UBS analyst Timothy Arcuri says there’s a high chance Qualcomm will make a great deal of money thanks to this settlement, as he estimates that Apple paid between $5 billion to $6 billion to have all litigation dropped.
And because the collaboration between Apple and Qualcomm will continue, the Cupertino-based tech giant will continue to pay royalties for the tech it uses on the iPhone.
The analyst says that Qualcomm will receive between $8 and $9 per each iPhone in patent royalties, so the San Diego chipmaker would easily make a fortune by simply having its technology used on Apple’s smartphone.
Apple and Qualcomm tight-lipped on their deal
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