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Apple is withholding payments to contract manufacturers that are owed to Qualcomm until the legal dispute between the two companies is resolved. As a result, Qualcomm has slashed its current-quarter profit and revenue forecasts. The company has lowered its revenue guidance to a range of $4.8 billion to $5.6 billion for the fiscal third quarter from $5.3 billion … Continue reading "Apple stops paying iPhone royalties to Qualcomm"

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