Qualcomm’s Q3 earnings report could signal a delay for Apple’s upcoming 5G iPhones, with the company reporting its fourth-quarter estimates (which cover July, August and September earnings) as “global 5G flagship phones.” Partial impact from delayed launch “.
Looking at the calendar of upcoming phone releases, it is hard to imagine that Qualcomm is talking about any device other than the upcoming 5G iPhone, which is expected to arrive this fall. Typically, Apple releases its new iPhone in September, and is one of the few upcoming devices that will sell in large numbers that may require Qualcomm to disclose the impact of content on earnings calls. There are already rumors of a delay for Apple’s 5G lineup due to the production slowdown caused by the COVID-19 epidemic.
In an interview with Reuters, Chief Financial Officer Akash Palkhiwala indicated that the delay will likely not be too long for anonymous phones, describing it as “a slight delay that pushes some units for us from September quarter to December quarter. ” (Qualcomm’s December quarter covers the months of October, November and December, so if the phone was slated for September, it could only be delayed the following month.)
Apple and Qualcomm settled peace last year in a $ 4.5 billion agreement that gained Apple as a 5G modem supplier for its products after years of legal battles over patent disputes. Apple hopes to introduce Qualcomm’s 5G modem in the 2020 iPhone lineup as its first products to support the next generation of networking technology.
Qualcomm also announced as part of its Q3 earnings that it had reached a resolution similar to its patent dispute with Huawei, after paying $ 1.8 billion in a settlement on licensing for Chinese company Qualcomm’s wireless technology patent Has agreed to