Latest in Gear

Image credit: Chris Velazco/Engadget

Qualcomm expects to make $4.5 billion from Apple settlement

It won't be a tremendous help for Qualcomm's bottom line.
177 Shares
Share
Tweet
Share

Sponsored Links

Chris Velazco/Engadget

The costs of Apple's truce with Qualcomm are now much clearer. Qualcomm now estimates that it will pull in revenue between $4.5 billion and $4.7 billion from the settlement in the third quarter of the year, including both the one-time payment from Apple as well as the elimination of obligations. It's certainly not a trivial amount, although Qualcomm made clear that this won't dramatically alter its fortunes.

Outside of that payment, Qualcomm estimated that it would make $4.7 billion to $5.5 billion in revenue in the next quarter, roughly $1.23 billion of which would come from patent licenses that include Apple's. It's not certain how much Apple is paying in ongoing fees, but that could become more apparent when Apple resumes using Qualcomm chips in iPhones and iPads (possibly this fall). It's safe to say Qualcomm's success won't hinge on iPhone revenue, then -- it's more of a bonus on top of the company's existing dominance in the wireless world.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
177 Shares
Share
Tweet
Share

Popular on Engadget

Master & Dynamic's MW07 Plus are much-improved true wireless earbuds

Master & Dynamic's MW07 Plus are much-improved true wireless earbuds

View
Master & Dynamic's MW07 Go is a $199 AirPod alternative

Master & Dynamic's MW07 Go is a $199 AirPod alternative

View
California's statewide earthquake alert system launches Thursday

California's statewide earthquake alert system launches Thursday

View
Skydio's station lets self-flying drones work around the clock

Skydio's station lets self-flying drones work around the clock

View
‘Harry Potter: Wizards Unite’ gathered location data while users slept

‘Harry Potter: Wizards Unite’ gathered location data while users slept

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr