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Qualcomm’s $4.7 billion boost in revenue after Apple deal

Qualcomm has released its quarterly report with some impressive details about the latest deal with Apple. It will earn between $4.5 billion and $4.7 billion in revenue from the settlement with Cupertino as Intel quit 5G the modem market. The deal was announced mid-April, in which Apple and Qualcomm dropped all lawsuits against each other to work for the betterment of a 5G future of the upcoming iPhones.