“The bitter legal dispute between Apple and Qualcomm over patent-licensing terms won’t be resolved any time soon as both tech firms have dug in their heels for a long fight, Wall Street analysts said Friday,” Patrick Seitz reports for Investor’s Business Daily.
“The battle escalated with new legal filings on Thursday. That’s when Qualcomm filed patent-infringement complaints against Apple with the U.S. International Trade Commission and in U.S. District Court for the Southern District of California,” Seitz reports. “Qualcomm wants the ITC to ban Apple from importing iPhones into the U.S. from its contract manufacturers in Asia. It also is seeking a cease-and-desist order to stop the sale of iPhones already in the U.S., until the patent dispute is settled.”
“Apple says Qualcomm is demanding a percentage of the total cost of the company’s products,” Seitz reports. “RBC Capital Markets analyst Amit Daryanani said investors should ‘brace for a long and ugly battle.’ The ITC typically takes 16 to 18 months to make a decision, he said in a report Friday about the Apple-Qualcomm dispute.”
Read more in the full article here.
MacDailyNews Take: If Qualcomm doesn’t drop dead from a crack overdose, that is. They obviously have an issue.
Qualcomm’s FRAND abuse must not stand. Qualcomm’s licensing scam — charging a percentage of the total cost of all components in the phone, even non-Qualcomm components — is unreasonable, illogical, and irrational.
Qualcomm wants court to block Apple from U.S. iPhone imports and sales – July 6, 2017
Judge rules U.S. FTC antitrust lawsuit against Qualcomm to proceed – June 27, 2017
Apple uses Supreme Court decision to escalate war against Qualcomm – June 20, 2017
Apple’s amended San Diego complaint against Qualcomm leaves no doubt: many billions at stake – June 20, 2017
Apple rejects Qualcomm’s allegation of throttling iPhones, says ‘study’ is ‘methodologically unsound’ – June 20, 2017
Apple just poached one of Qualcomm’s top guys – May 31, 2017
Supreme Court rules against Lexmark strengthening FTC/Apple cases against Qualcomm – May 30, 2017
Desperate Qualcomm seeks injunction against Apple’s suppliers – May 25, 2017
Qualcomm files new lawsuit in ongoing Apple feud targeting four major iPhone suppliers – May 17, 2017
FTC says Qualcomm is a monopoly; Samsung agrees – May 13, 2017
What seems reasonable to Qualcomm isn’t to Apple: Royalty dispute ultimately affects iPhone prices – May 8, 2017
Qualcomm to seek U.S. ITC import ban for Apple iPhones – May 3, 2017
Qualcomm slashes profit forecasts as Apple ceases paying iPhone royalties – April 28, 2017
BlackBerry awarded $815 million in arbitration with Qualcomm over royalty overpayments – April 13, 2017
Qualcomm countersues Apple – April 11, 2017
Qualcomm wants FTC to drop their antitrust suit, but it doesn’t mater because Apple’s isn’t going anywhere – April 5, 2017
Apple’s dispute with Qualcomm could last two years – March 3, 2017
Apple widens global patent war, files lawsuit against Qualcomm in the United Kingdom – March 2, 2017
Apple may have paid Qualcomm $40 per iPhone; accounting for 1/3rd of Qualcomm’s revenue – February 10, 2017
Conservative groups ask President Trump to terminate FCC lawsuit over Qualcomm patent licensing – January 27, 2016
Qualcomm CEO fires back at Apple: Bring it on – January 26, 2017
Apple sues Qualcomm in China seeking 1 billion yuan – January 25, 2017
Qualcomm comments on Apple’s lawsuits in China – January 25, 2017
Apple’s rebellion against the ‘Qualcomm Tax’ – January 24, 2017
Despite lawsuit, Qualcomm wants to keep doing business – January 24, 2017
Why Apple, the FTC, and others are attacking Qualcomm’s royalty model – January 24, 2017
Here are the most damning parts of Apple’s blockbuster lawsuit against Qualcomm – January 23, 2017
Apple’s legal assault on Qualcomm part of iPhone margin grab – January 23, 2017
Qualcomm says Apple’s claims are ‘baseless’ in response to Cupertino’s $1 billion lawsuit – January 21, 2017
Apple sues Qualcomm for $1 billion over onerous licensing practices – January 20, 2017
Qualcomm exec says FTC ‘rushed’ antitrust lawsuit before President-elect Trump’s inauguration – January 19, 2017
FTC alleges Qualcomm forced Apple into iPhone LTE chip deals – January 18, 2017
FTC charges Qualcomm with monopolizing key smartphone chip; alleges extracted exclusivity from Apple in exchange for reduced patent royalties – January 17, 2017
Hey, it’s free market Capitalism. Let market forces work their will.
If you are for the free market Capitalism, you are on the side of Qualcomm. If you are on Apple’s side, you support free-loading Socialism.
Genuine free market capitalism assumes competition, and patents are a government mandated monopoly. Real capitalism doesn’t have patents.
And there is no such thing as pure capitalism, that being defined as the pursuit of capital at all costs because society recognizes its brutality so it puts safeguards in place to soften it. The only place that pure capitalism exists is as a mythology in Rightwing marketing.
That is not the definition of capitalism. While I know that straw-man arguments have been the rage for quite a while, it’s more than past time to start making points based on actual facts, not Kellyanne Conway “alternate facts.”
Oh, utter bullshit John Dingler, artist. I can state the EXACT OPPOSITE and be just as persuasive.
Parasitism (Qualcomm) ≠ Capitalism (Apple)
ProPaGandA is cheap, superfluous and plentiful. Ignore it and dig into the facts of all matters.
You forgot the /s – confused a lot of people. 🙂
That’s pure bullsh*t..
Capitalism = Compete or get the F out of the way. Period. Qualcomm isn’t allowed to just double-dip and FRAND abuse everyone they feel like. QC offered this IP as a FRAND STANDARD–an agreement in which they have not HONORED once the industry adopted and became reliant upon the IP. It’s complete BS–Apple’s just the 1st company w/ enough balls and clout to be able to call these disingenuous F’s out on it. Good for Apple.
…and the lawyers cheered.
If anything’s for certain, it’s that 2 out of 4 people don’t understand capitalism.
At least as of the time of this post.