Apple (NASDAQ:AAPL) and Qualcomm (NASDAQ:QCOM) have been feuding for a while. A lot has happened, from Apple saying it won’t use Qualcomm’s chips anymore to the Chinese Courts granting the chipmaker a preliminary injunction against Tim Cook’s company. Now, however, the feud seems to be over, with the companies announcing today that they have settled their royalty dispute. On the news, QCOM stock jumped more than 20% and is currently trading up nearly 5% in after-hours trade.
QCOM Stock Soars after Royalty Dispute Settled with AppleAs stated in the press release, “Qualcomm and Apple today ...
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