Apple’s quarterly revenue is larger than Qualcomm’s market cap. This is clearly about more than the money for them. I wouldn’t be shocked if they spent 10bn and poached away half of Qualcomm’s best engineers. They’ve already been on a hiring spree and opened a pretty nice office down in San Diego.
yup. Office is literally 5 minutes away from from Qualcomm, so no problems with the commute, and I'm sure they would be willing to pay much more than Qualcomm. Only thing is the patents. Qualcomms real value is in the crazy amount of R&D they do, and the patents they have to show for it.