- As reported in my last article, a trial date for the Apple lawsuit is expected to be set this spring and the trial likely in the fall.
- Previously, Quarterhill received "final judgement" award of ~US$109 million against Apple.
- But Quarterhill isn't waiting on a big check from Apple: it made two key strategic acquisitions - one in each of its operating segments.
- The company is likely still cash rich with relatively no debt.
- If Apple ends up paying the entire final judgement award, it appears investors practically get the IRD and entire patent portfolio for free.
For further details see:
Quarterhill: Not Sitting Around Waiting For Apple Settlement (And A Big Fat Check) - Extremely Undervalued