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Apple cuts off payments, Qualcomm slashes its profit forecast


Qualcomm slashed its profit expectations Friday by as much as a third after saying that Apple is refusing to pay royalties on technology used in the iPhone. Its shares hit a low for 2017. Apple Inc. sued Qualcomm earlier this year, saying that the San Diego chipmaker has abused its control over essential technology and...
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Source: New York Post


14:14, April 28, 2017 Associated Press

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