The iPhone maker Apple and the chip maker Qualcomm have recently settled their long-running intellectual-property quarrel over cellular technologies, which includes a payment from the former to the latter, and we now have our first look at the size of the legal agreement.
lowing the release of its [fiscal] Q2 2019 financial results, Apple’s CEO Tim Cook and CFO Luca Maestri hopped on a conference call to talk about the company’s performance over the past 3 months. As usual, we’ve rounded up some of the more interesting points from the call below.
Apple on Tuesday disclosed its [fiscal] Q2 2019 earnings report, offering a look at its performance over the past 3 months. During the quarter, the company says it raked in $58 billion. That’s a hair over the $57.5 billion Wall Street analysts expected, and about 5% less than the $61.1 billion it reported in Q2 last year.