How Qualcomm's Earnings Were Impacted by Apple Dispute

The video discusses Qualcomm's legal disputes with Apple and other manufacturers, highlighting the financial impact on its quarterly forecasts. The market was surprised by the extent of the financial downturn, with significant drops in revenue and profit expected. Qualcomm's dependence on Apple is emphasized, as Apple refuses to pay licensing fees. The video also covers Qualcomm's poor market performance compared to Apple, which has seen a rise in its stock value.

What was the market reaction to the news of Qualcomm's legal disputes?

What does the CEO of Qualcomm believe regarding their legal position with Apple?