It feels like Apple is embroiled in battles from all sides at the moment. As well as managing expectations following a dramatic cut to revenue guidance earlier this week, Apple is also tied up with court battles around the world with Qualcomm.
Today, Qualcomm formally enforced the iPhone ban in Germany by posting a $1.6 billion bond. If the appeal rules in Apple’s favor, this fund will compensate Apple for lost sales. In China, Qualcomm continues to argue that Apple is flouting the court’s ruling as it continues to sell iPhones in China.
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