A new report from Bloomberg goes into detail about how relations between Apple and Qualcomm soured so quickly, after years of collaboration, featuring quotes from Qualcomm executives and excerpts from a new interview with Apple SVP Bruce Sewell.
Sewell points out that the Qualcomm modem inside an iPhone costs Apple about $18. In addition, Apple has to pay 5 percent of the phone’s sale price. It is that royalty that Apple deems exorbitant and unfair.
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