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Stock impact report

Qualcomm easing licensing terms in bid to strike deals [Reuters]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Reuters
Qualcomm easing licensing terms in bid to strike deals | Reuters 3 Min Read SAN FRANCISCO, April 25 (Reuters) - Qualcomm Inc’s earnings call on Wednesday showed just how far the company is willing to go to preserve one of its core business practices of taking a cut of the selling price of phones. The San Diego-based chipmaker posted quarterly profit and revenue that topped Wall Street forecasts, suggesting that a slowdown in the global smartphone business might be less severe than feared after a string of weak forecasts from other industry suppliers. But Qualcomm’s other line of business - licensing a trove of patents that help make smart phones work - has traditionally driven most of its profits. And that business has dropped sharply over the past year, as revenue attributable to Apple Inc iPhones is withheld amid a legal dispute. Qualcomm gave two indications on Wednesday it was prepared to accept lower revenue in exchange for maintaining the business structure and avoiding future c Show less Read more
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