Apple and FTC Sue Qualcomm

22, Jan, 2017

Apple has fired the first shot in a war with cellphone modem developer Qualcomm over fees. Apple has accused Qualcomm of extortion, and filed a lawsuit asking for a judgement of $1 billion dollars a few days after the United States Federal Trade Commission (FTC) also sued Qualcomm for monopolizing the market. According to Apple, phone prices were artificially inflated due to billions of excess charges Qualcomm has billed for use of their technology. Why Qualcomm Charged Apple Apple has been Read More...

Weekly Market Outlook 22-01-2017