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Qualcomm estimates Apple deal yields $ 4.5 billion

The numbers were so far unknown. After much legal dispute, Qualcomm and Apple made a deal. From Qualcomm's latest financial results, we now know that the peace will yield the company $ 4.5 to $ 4.7 billion.

According to this information, the chipmaker expects to receive such amounts in the third quarter of the year. Payment will be made at one go by Cupertino's company, and Qualcomm is free to pay or repay consumer obligations to Apple.

apple iphone x

What you get from Apple is not preponderant to Qualcomm accounts

Although we are talking about significant amounts, Qualcomm has revealed that such numbers are not preponderant in its accounts. Not least because the chipmaker expects to make between $ 4.7 and $ 5.5 billion in revenue this semester – in addition to this payment.

In its press release, Qualcomm is very pleased. From CEO Steve Mollenkopf's voice, the company says it looks forward to continuing to work with the Cupertino company. And 5G is certainly the big flag of this partnership.

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<p>Undoubtedly, this deal is much more important to Apple than to Qualcomm. The chipmaker does not rely on iPhone recipes to succeed. Still, this is nonetheless the icing on a cake where it shows overwhelming mastery.</p>
<p>If we look at the picture, Qualcomm is on the right track. To get an idea, since the announcement of the deal with Apple, its shares have risen 51%. The coming times are clearly bright for the chipmaker.</p>
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