Qualcomm gets $4.5bn from Apple as revenues rise

Qualcomm’s Q2 results have revealed that Apple is set to make a one-off payment of between $4.5 and $4.7 billion to compensate for unpaid royalties during the two firm’s patent litigation. Revenues, which do not include any royalties from Apple, rose by 5 per cent to $5 billion, beating expectations. “We delivered a better than …