Apple News



Qualcomm Sees Up to $4.7 Billion Payment From Apple Deal

Qualcomm Sees Up to $4.7 Billion Payment From Apple Deal

Apple Inc. will pay Qualcomm Inc. $4.5 billion to $4.7 billion to catch up on licensing fees accrued during a two-year legal battle between the companies settled last month. Qualcomm made the disclosure in its earnings report Wednesday, while Apple declined to answer questions about the settlement during its own second-quarter earnings conference call on Tuesday. The figure was less than the $7 billion Qualcomm claimed Apple owed. Apple had accused its former chip supplier of using a strong position in cellular modems to force the payment for artificially inflated technology licensing. It hadn’t made payments to contract manufacturers that get passed along to Qualcomm since the beginning of the second quarter in 2017.
Highlights from the Six Colors Transcription of Apple’s Q2 2019 Earnings Call

Highlights from the Six Colors Transcription of Apple’s Q2 2019 Earnings Call

Where better to get a little 'color' on Apple's earnings than from a full transcript of the company's earnings call with Wall Street analysts published by Six Colors? As in the past, Jason Snell has transcribed Apple's presentation to Wall Street analysts along with the question and answer session at the end of the call. Here are a few of the highlights: The iPad made a strong showing in China with Cook reporting that: For iPad, we were very happy to return to growth in Greater China, while generating strong double-digit growth in each of our other geographic segments. Our great iPad results were driven primarily by strong customer response to iPad Pro.
Apple stock spikes after reporting strong guidance and earnings beat

Apple stock spikes after reporting strong guidance and earnings beat

Apple reported earnings for its March quarter Tuesday that fell in line with expectations, although revenue was down from the same period last year. However, Apple’s guidance for next quarter was higher than analysts expected, and it said it planned to spend $75 billion buying back its own shares. Apple stock spiked over 4% and it approached a $1 trillion market value in extended trading.
Apple and the Craftsmen

Apple and the Craftsmen

On 25 March, Apple invited celebrities and members of the tech and entertainment press to the Steve Jobs Theater for a range of special announcements. What made this event a little odd, however, was that it was entirely focused on services. There were no hardware announcements and the only software that was demonstrated on stage were existing (yet refreshed) apps as the delivery channels for new services. I’ve read numerous articles and listened to various podcasts that have all meticulously analysed Apple’s new offerings: Apple News+; Apple Card; Apple Arcade; Apple TV Channels; and Apple TV+.
Exclusive: Apple in talks with potential suppliers of sensors for self-driving cars - sources

Exclusive: Apple in talks with potential suppliers of sensors for self-driving cars - sources

SAN FRANCISCO (Reuters) - Apple Inc has held talks with at least four companies as possible suppliers for next-generation lidar sensors in self-driving cars, evaluating the companies’ technology while also still working on its own lidar unit, three people familiar with the discussions said. The moves provide fresh evidence of Apple’s renewed ambitions to enter the autonomous vehicle derby, an effort it calls Project Titan. The talks are focused on next-generation lidar, a sensor that provides a three-dimensional look at the road. Apple is seeking lidar units that would be smaller, cheaper and more easily mass produced than current technology, the three people said. The iPhone maker is setting a high bar with demands for a “revolutionary design,” one of the people familiar with the talks said. The people declined to name the companies Apple has approached.
Apple reportedly signed a $1.5 billion deal with Amazon Web Services (AWS) over the next five years. CNBC

Apple reportedly signed a $1.5 billion deal with Amazon Web Services (AWS) over the next five years. CNBC

first reported the figure, which equates to more than $30 million per month — a jump of more than 10 percent from the same period last year. Apple is expected to spend more than $360 million on AWS this year, up from roughly $350 million spent in 2018, according to people familiar with the arrangement.
Apple paid up to $6 billion to settle with Qualcomm, UBS estimates

Apple paid up to $6 billion to settle with Qualcomm, UBS estimates

Apple probably paid Qualcomm between $5 billion and $6 billion to settle the litigation between the two companies, UBS analyst Timothy Arcuri estimated in a note distributed on Thursday. Apple probably also agreed to pay between $8 and $9 in patent royalties per iPhone, estimated UBS, based on Qualcomm’s guidance that it expects earnings per share to increase by $2 as a result of the settlement. The UBS estimate suggests that Apple paid a high price to end a bitter legal battle that spanned multiple continents and threatened Apple’s ability to release a 5G iPhone and put pressure on Qualcomm’s licensing business modelthat contributes over half of the company’s profit.
Apple, allies seek billions in U.S. trial testing Qualcomm's business model

Apple, allies seek billions in U.S. trial testing Qualcomm's business model

(Reuters) - Apple Inc and its allies on Monday will kick off a jury trial against chip supplier Qualcomm Inc in San Diego, alleging that Qualcomm engaged in illegal patent licensing practices and seeking up to $27 billion in damages. Qualcomm, for its part, alleges that Apple forced its longtime business partners to quit paying some royalties and is seeking up to $15 billion. Filed by Apple in early 2017, the lawsuit in federal court revolves around the modem chips that connect devices like the iPhone or Apple Watch to wireless data networks. Qualcomm has spent the past two years mounting a pressure campaign of smaller legal skirmishes against Apple, seeking - and in some cases obtaining - iPhone sales bans for violating its patents.
Apple adds Foxconn, chip suppliers to clean energy program

Apple adds Foxconn, chip suppliers to clean energy program

Apple Inc said on Thursday it has nearly doubled the number of suppliers using only clean energy for production work, including two that assemble and make the processor chips for the iPhone. Apple last year said it meets all of its needs with renewable energy such as solar farms that power data centers. But a large part of its carbon footprint comes from its supply chain, and since 2015 Apple has worked directly with those companies to use clean energy for Apple production. Forty-four companies are now in the program, Apple said on Thursday, including Hon Hai Precision Industry Co Ltd, whose Foxconn unit makes iPhones, and Taiwan Semiconductor Manufacturing Co Ltd, which supplies the A-series chips that power all of Apple’s mobile devices. Apple had previously disclosed 23 suppliers in the program.
Apple's TV Box Will Probably Get Disney+, Despite Rival Platform

Apple's TV Box Will Probably Get Disney+, Despite Rival Platform

Walt Disney Co.’s new streaming service will come to Apple Inc.’s TV box, even as the iPhone maker plans to start a rival offering later this year. The new Disney+ app will “in all likelihood be available through traditional app distributors, Apple being one of them,” Disney chief Bob Iger said in an interview with Bloomberg Television’s Emily Chang. While the studio behind “Star Wars” and Marvel movies said during an earlier presentation that consumers will be able to subscribe on Roku and PlayStation, it held back from naming others.Disney didn’t make announcements about other platforms because they “haven’t made deals with all of them yet,” Iger said. He also suggested that he isn’t planning to step down from the Apple board despite the companies going head-to-head in streaming.
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