0
Wireless

Qualcomm lowers Q3 guidance as Apple holds back payments

Saturday 29 April 2017 | 15:10 CET | News
Apple has told Qualcomm it will not pay license fees until the licensing dispute between the two companies is resolved. Apple sued the company in January and asked for USD 1 billion back in fees, saying it overpaid for using Qualcomm's technology due to the chipmaker abusing dominant market position. Qualcomm filed a counter claim in April, denied the claims and said that Apple had breached and mischaracterized agreements and negotiations. But as a result of the payments being withheld, Qualcomm said it must downgrade its guidance for the third quarter to exclude the royalty revenues. It

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Apple / Qualcomm
Countries: World
::: add a comment

Comments

This is very interesting positioning because in the end, Apple would prefer that Verizon and Sprint's network be 100% LTE; and not using Qualcomm CDMA technology. So ultimately, what this means is Verizon and Sprint customers may not have iPhone as an option. Still, it's very odd and strange because if I recall, former Sprint CEO, Dan Hesse, had to pay $1,000,000,000 for Apple to modify iPhone design to work on Sprint's network. If I'm not mistaken, verizon also had a similar requirement. But the thing about Apple is that each time someone pays a substantial amount of money, Apple has to find a way to generate that revenue when the contracts need to be renegotiated. Otherwise, it has to report a loss in revenue to Wallstreet.
Clifton Morris @ 30/4/2017 - 23:41


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Apple files countersuit against Qualcomm over processor patents

Published 30 Nov 2017 09:30 CET | World
Apple has filed a countersuit against Qualcomm, alleging that the company's Snapdragon mobile phone chips infringe on Apple's ...

Qualcomm seeks iPhone production ban in China

Published 16 Oct 2017 09:42 CET | China
Qualcomm filed lawsuits in China seeking to ban the sale and manufacture of iPhones in the country, as the latest step in its ...

US court says multiple Apple lawsuits against Qualcomm can proceed along US case

Published 11 Sep 2017 13:30 CET | World
A US judge has said that Apple's lawsuits against Qualcomm abroad can proceed while the company's pricing dispute continues in ...

Qualcomm results fall as Apple withholds royalties

Published 20 Jul 2017 08:23 CET | World
Qualcomm reported lower results for its fiscal third quarter to June, hurt by its dispute over licensing payments from Apple. ...

Qualcomm files patent infringement suit against Apple at ITC

Published 07 Jul 2017 09:19 CET | United States
Qualcomm has filed a counter-suit against Apple at the ITC, calling for an import ban on the iPhone for infringement of Qualcomm ...

Qualcomm sues iPhone manufacturers over licensing fees

Published 17 May 2017 15:18 CET | World
Qualcomm has filed a lawsuit against the main manufacturers of iPhones and iPads, saying they have failed to pay licensing fees ...

Samsung, Intel back FTC in Qualcomm antitrust dispute

Published 15 May 2017 16:02 CET | World
Samsung and Intel have filed briefs backing the antritrust lawsuit brought against Qualcomm by the US Federal Trade Commission ...

Qualcomm releases Snapdragon 660, 630 mobile platforms

Published 09 May 2017 09:01 CET | World
Qualcomm has released two new mobile platforms, the Qualcomm Snapdragon 660 and 630, which include the Snapdragon 660 and 630 ...

Qualcomm to ask ITC to block US iPhone shipments - report

Published 04 May 2017 13:34 CET | United States
Qualcomm is prepared to up the ante in its patent licensing dispute with Apple and is planning to seek a ban on all imports of ...

Qualcomm verlaagt Q3-verwachtingen door Apple-acties

Published 01 May 2017 09:46 CET | World
Apple heeft aan Qualcomm meegedeeld dat het niet langer betaald voor licenties totdat de twee bedrijven hun verschil van inzicht ...

Qualcomm warns of Apple impact as Q2 hit by Blackberry deal

Published 20 Apr 2017 08:42 CET | World
Qualcomm reported results for its fiscal second quarter to March lower than expected due to its arbitration settlement with ...

Qualcomm fires back against Apple licensing lawsuit

Published 11 Apr 2017 08:52 CET | World
Qualcomm has filed its response and counterclaims against Apple's allegations of overpricing for its licensed technology. Apple ...

Apple sues Qualcomm over excessive licensing fees

Published 23 Jan 2017 09:27 CET | United States
Apple has filed a lawsuit against Qualcomm claiming USD 1 billion in fees withheld by the chipmaker. Apple is demanding Qualcomm ...





Calendar   /   Industry Events

21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Calix Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Snap Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct Orange Belgium Q3 2019
23 Oct Telenor Q3 2019
23 Oct Millicom Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Netgear Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Netia Q3 2019
24 Oct Comcast Q3 2019
24 Oct Nokia Q3 2019
24 Oct Juniper Networks Q3 2019
24 Oct Norwegian telecoms market H1 report
24 Oct Smith Micro Q3 2019
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct Televisa Q3 2019
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct HKBN fiscal FY
24 Oct Maxlinear Q3 2019
25 Oct Verizon Q3 2019
25 Oct Shaw Communications fiscal Q4
25 Oct Charter Communications Q3 2019
::: More Calendar Items