We just got our first look at the size of Apple's legal settlement with Qualcomm

[ad_1]

• Qualcomm will record $4.5-$4.7 billion in revenue in the next quarter as part of its recently announced settlement with Apple.
• The companies did not previously disclose specific figures, only saying that Apple would make a one-time payment to Qualcomm as part of the agreement. 

In its quarterly earnings released today, Qualcomm said it would record $4.5-$4.7 billion revenue in the coming quarter as part of its settlement of a long-running intellectual-property quarrel with Apple.

• The revenue “includes a cash payment from Apple and the release of related liabilities,” Qualcomm said.
• The two companies had previously declined to specify the economic impact of the settlement, other than to say Apple would make a one time payment to Qualcomm as part of the broader agreement.

Go deeper: Apple, Qualcomm settle long-running legal dispute

SEE ALSO: Apple says products like the Apple Watch and AirPods are doing so well, its wearables business is as big a a Fortune 200 company

Join the conversation about this story »

NOW WATCH: The Mars 2020 rover started as a pile of aluminum panels that took over 5,000 hours to assemble. Here’s how it was made.

[ad_2]