Qualcomm’s epic licensing dispute with Apple continued to play out as the iPhone-chip supplier said revenue from its licensing business fell 42 percent last quarter.
Corporate legal disputes can make for boring news. They may drag on for years and frequently hang on any number of technical details. Qualcomm’s battle with Apple is notable because of the resources and legal expertise both companies are bringing to bear, as well as the financial brinksmanship that is being deployed. That has left investors and analysts grappling with how to gauge the damage that could be done.