That is an excellent discussion with Paul Jacobs. Very interesting to hear his views and see his enthusiasm. The Bloomberg guy did a nice job with his questioning and letting Paul range broadly with his responses.
As a shareholder I sure hope that Qualcomm is exceptionally prepared to carry this battle with Apple through trial(s) where needed...and that they are not "planning" on an eventual settlement with Apple. The core foundational issues of licensing/royalties and innovation contribution to cellular and related technologies require that Qualcomm be prepared to fight to the finish. No quarter asked, no quarter given!
It will also be very interesting to see how things with Apple develop once the NXP acquisition is completed. Apple will have a hard time arguing that Qualcomm's IP resides only in the modem once the diverse (and hopefully vast!) NXP IP is incorporated into Qualcomm's portfolio!
Somewhat similarly, it will be insightful to see how Qualcomm handles its 5G royalty rates when they are announced in the next year. As I understand things, 5G seems to be more technologically and developmentally "isolated" from 2G/3G/4G when it comes to backward compatibility...given that it is an all new radio. Yet, 5G's use in the field will be critically reliant on the underlying 3G/4G availability since 5G won't be nearly as ubiquitous as its predecessors, at least in the early days of its deployment. I'm curious if Qualcomm will announce stand-alone 5G royalty rates for IoT type applications, as well as 3G/4G/5G rates for devices such as smartphones that incorporate all Gs together? Interesting times, indeed.
Thanks again for posting the Bloomberg video!