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Apple paid up to $6 billion to settle with Qualcomm, UBS estimates

Kif Leswing

Apple could have paid Qualcomm between $5 and $6 billion to settle the two companies' bitter legal battle, according to a new estimate. Apple AAPL probably paid Qualcomm QCOM between $5 billion and $6 billion to settle the litigation between the two companies, UBS analyst Timothy Arcuri estimated in a note distributed on Thursday. Apple probably also agreed to pay between $8 and $9 in patent royalties per iPhone, estimated UBS, based on Qualcomm's guidance that it expects earnings per share to increase by $2 as a result of the settlement.