Breaking News

Nikon releases the NIKKOR Z 24-70mm f/2.8 S II CORSAIR ONE a600 Brings Improved Cooling and Adaptive Performance in a Compact Design Speedlink setting the tone in the gaming zone be quiet! unveils new show case chassis and shows cooling innovations and peripherals at gamescom 2025 RICOH announces GR IV and GF-2 external flash

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Qualcomm Slashes Profit Expectations As Apple Refuses To Pay Royalty Payments

Qualcomm Slashes Profit Expectations As Apple Refuses To Pay Royalty Payments

Enterprise & IT Apr 28,2017 0

Qualcomm slashed its profit expectations Friday by a third saying that Apple is refusing to pay royalties on technology used in the iPhone.

Apple sued Qualcomm earlier this year, saying that the San Diego chipmaker has abused its control over essential technology and charged excessive licensing fees. Qualcomm said Friday that Apple now says it won't pay any fees until the dispute is resolved.

Qualcomm said it will continue to vigorously defend itself in order to "receive fair value for our technological contributions to the industry."

Since Qualcomm said it will not receive royalties from Apple's contract manufacturers for sales during the quarter ended March 31, its forecast for the third fiscal quarter now excludes that revenue.

Qualcomm expects earnings per share between 75 and 85 cents for the April to June quarter. Its previous forecast was for earnings per share between 90 cents and $1.15.

Revenue is now expected to be between $4.8 billion and $5.6 billion, down from its previous forecast between $5.3 billion and $6.1 billion.

Tags: Qualcomm
Previous Post
Turkey Blocks Access To Wikipedia
Next Post
Kodi Clarifies DRM Stance, Shuts Down Rumors

Related Posts

  • Next Generation Snapdragon G Series Portfolio Uplevels Handheld Gaming Experiences

  • Arm to Scrap Qualcomm Chip Design License

  • Qualcomm Unveils Snapdragon 8 Elite with the World’s Fastest Mobile CPU

  • MSI Showcases Roamii WiFi 7 Mesh System at COMPUTEX 2024

  • Qualcomm Computex 2024

  • Snapdragon X Series is the Exclusive Platform to Power the Next Generation of Windows PCs with Copilot+ Today

  • Qualcomm Introduces Snapdragon X Plus Platform

  • Qualcomm Introduces Two Next Generation S3 Gen 3 & S5 Gen 3 Sound Platforms

Latest News

Nikon releases the NIKKOR Z 24-70mm f/2.8 S II
Cameras

Nikon releases the NIKKOR Z 24-70mm f/2.8 S II

CORSAIR ONE a600 Brings Improved Cooling and Adaptive Performance in a Compact Design
Cooling Systems

CORSAIR ONE a600 Brings Improved Cooling and Adaptive Performance in a Compact Design

Speedlink setting the tone in the gaming zone
PC components

Speedlink setting the tone in the gaming zone

be quiet! unveils new show case chassis and shows cooling innovations and peripherals at gamescom 2025
PC components

be quiet! unveils new show case chassis and shows cooling innovations and peripherals at gamescom 2025

RICOH announces GR IV and GF-2 external flash
Cameras

RICOH announces GR IV and GF-2 external flash

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Soundpeats Pop Clip

Soundpeats Pop Clip

Terramaster F8-SSD

Terramaster F8-SSD

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed