qualcomm announces 47 billion boost in revenue after the apple deal

Qualcomm released its quarterly report with some pretty juicy details about the deal with Apple. The chip company will score between $4.5 billion and $4.7 billion in revenue from the settlement with Cupertino that saw Intel quit the 5G modem market.

The deal was announced mid-April, where Apple and Qualcomm dropped all lawsuits against each other and miraculously became best friends, working towards the 5G future of the upcoming iPhones. While we know how much Qualcomm will earn in the future, we don’t know how much it got from backdated deals, but some analysts predict anywhere…

Link: https://www.gsmdb.com/gsmarena/qualcomm_announces_47_billion_boost_in_revenue_after_the_apple_deal-news-36865.php