Qualcomm reveals Apple's final 5G iPhone desperation bill

If it wasn't for the $4.5 billion haul from Apple, Qualcomm's revenue would have been down year-on-year - both the licensing business, as well as the chipset sales. Still, it made more than a billion in profits, and a huge chunk of that comes from patent licensing and royalties hauled in from nearly every major phone maker, including Huawei which makes its own chipsets and 5G modems. With the Apple agreement, the health of that business segment is only poised to grow further, considering the tens of million of iPhones that Apple is selling each quarter.

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