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Here's what the Apple-Qualcomm truce means for you: Apple (AAPL) and Qualcomm (QCOM) have officially reached a settlement in their long-running and acrimonious patent dispute. The move came as a surprise to nearly everyone who has followed the years-long drama, as the companies announced their decision to settle shortly after wrapping up opening arguments in a California trial that was just one front in their patent dispute.