Qualcomm Owes Apple Almost $1 Billion in Rebate Payments According to New Court Ruling
Qualcomm owes Apple close to $1 billion in rebate payments a U.S. District Judge for the Southern District of California said in a preliminary ruling today, siding with Apple in the ongoing Apple vs. Qualcomm legal battle. Qualcomm, ruled the judge, is obligated to make the rebate payments to Apple as they were part of a business agreement between the two companies. Today’s ruling is unrelated to the patent trial that wrapped…