Qualcomm easing licensing terms in bid to strike deals [Reuters (UK)]
QUALCOMM Incorporated (QCOM)
Last qualcomm incorporated earnings: 4/29 04:01 pm
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Source: Reuters
Qualcomm easing licensing terms in bid to strike deals | Reuters 3 Min Read SAN FRANCISCO (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 customer di
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QCOM
Earnings
- 1/31/24 - Beat
QCOM
Sec Filings
- 4/4/24 - Form 4
- 4/4/24 - Form 144
- 4/2/24 - Form 4
- QCOM's page on the SEC website