Snapdragon chips demand helps Qualcomm top estimates

Qualcomm's legal spat with Apple is growing nastier; the chip giant now claims Apple tried to give rival Intel a sneak peek into Qualcomm's trade secrets.

The spat between Apple and chipmaker Qualcomm just keeps getting nastier and nastier, and apparently Apple may finally have had enough of it. Qualcomm alleges in the latest suit that Apple failed to protect the chipmaker's software and isn't allowing an audit to review how the iPhone maker handles the software, an obligation that Qualcomm says is included in their contract.

Reuters reported earlier this week that Apple would drop Qualcomm's chips altogether from its iPhones and iPads beginning next year. That same month, Apple's contract manufacturers joined its countersuit against Qualcomm saying the lawsuit against them is "yet another chapter of Qualcomm's anticompetitive scheme to dominate modem chip markets, extract supracompetitive royalties, and break its commitments to license its cellular technology on fair, reasonable and non-discriminatory terms". It widened its suppliers to include Intel for some versions of the iPhone beginning with the 7 model.

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Although Apple doesn't use Snapdragon processors in its iPhones, it's still on the hook for numerous patents Qualcomm owns.

The battle between Apple and Qualcomm has been raging on since the year began as our list of reports below proves out. One of the most recent legal developments is between Qualcomm and Apple, where another lawsuit has surfaced as part of an ongoing fight between the two.

According to law firm, Bernstein Litowitz Berger & Grossmann, which serves as lead counsel for the lawsuit, "Qualcomm's clear-cut anti-competitive practices dealt a swift and severe blow to the value of the company's shares, causing Qualcomm's stock price to plummet 33 percent during the class period, erasing over $32 billion in shareholder value".

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