Qualcomm pops on Apple settlement (video)

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By Steven M. Peters Updated Published

Apple, not so much.

 

Qualcomm pops Apple Settlement

From Apple PR:

San Diego and Cupertino, California — Qualcomm and Apple today announced an agreement to dismiss all litigation between the two companies worldwide. The settlement includes a payment from Apple to Qualcomm. The companies also have reached a six-year license agreement, effective as of April 1, 2019, including a two-year option to extend, and a multiyear chipset supply agreement.

My take: The case was an existential threat for Qualcomm. This lifts the cloud.

Cue the CNBC video (includes Gene Munster soundbite):

[protected-iframe id=”6326c4f7c509270262398fb4818654b8-5450697-130806395″ info=”https://player.cnbc.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=7000075424″ width=”560″ height=”349″ frameborder=”0″ scrolling=”no”]

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