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Sorry if this is a naive question: Any chance we'll ever know how much Apple paid Qualcomm? How open are the books of each company? Can a public company settle
by function_seven 7y ago
Sorry if this is a naive question: Any chance we'll ever know how much Apple paid Qualcomm? How open are the books of each company? Can a public company settle a suit without revealing the terms?
- newusertoday 7y agoEPS increase of $2 https://investor.qualcomm.com/static-files/3cb803e8-fc20-4ec6-87e2-7af6f6936e2c https://investor.qualcomm.com/static-files/3cb803e8-fc20-4ec...
- function_seven 7y agoThanks! That's useful. Although I assume it aggregates the settlement payment and some other payments associated with the new agreement. (Although, I guess you could call the whole package the settlement?) I guess I'm just looking for the amount of money Apple agreed to pay—beyond the value of services/chips they will receive—in order to settle this lawsuit. If the accounting can be done that way.
- RantyDave 7y agoIt doesn't say if that's quarterly or annual EPS. But, given that there are 1.2Bn Qualcomm shares it would maybe indicate the "one time payment" is in the 2.5Bn ballpark?
- btian 7y agoThey will reveal to their respective board. Public shareholders will never know anything.