Apple paid up to $6 billion to settle with Qualcomm, UBS estimates
· Apple could have paid Qualcomm between $5 and $6 billion to settle the two companies’ bitter legal battle, according to a new estimate. · Apple may also be paying Qualcomm between $8 and $9 per iPhone in patent royalty fees. · The UBS estimate suggests that Applepaid a high price to end the litigation. Apple CEO Tim Cook participates in an American Workforce PolicyAdvisory Board meeting with U.S. President Donald Trump and others in the WhiteHouse in Washington, March 6, 2019. Apple probably paid Qualcomm between $5 billion and $6 billion to settle the litigation between the two companies, UBS analyst Timothy Arcuri estimated in a note distributed on Thursday. Apple probably also agreed to pay between $8 and $9 in patent royalties per iPhone, estimated UBS, based on Qualcomm’s guidance that ...