Qualcomm announces $4.7 billion boost in revenue after the Apple deal

Qualcomm launched its quarterly report with some fairly juicy particulars in regards to the take care of Apple. The chip firm will rating between $4.5 billion and $4.7 billion in income from the settlement with Cupertino that noticed Intel stop the 5G modem market.

The deal was introduced mid-April, the place Apple and Qualcomm dropped all lawsuits in opposition to one another and miraculously grew to become finest buddies, working in the direction of the 5G way forward for the upcoming iPhones. While we all know how a lot Qualcomm will earn sooner or later, we do not know the way a lot it acquired from backdated offers, however some analysts predict wherever…

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