Apple's Looming Nightmare

The big news last week was that Apple finally agreed to settle its fight with Qualcomm. Kudos to Tim Cook, because I've known a lot of CEOs rather who would have fought to the death than admitted they were wrong -- and not only wrong but acting disingenuously the entire time. Fighting this to the death would have been far worse. What spurred the settlement, given the timing, likely was he defense Qualcomm mounted in the latest San Diego court action. It showcased that Apple had made serious misrepresentations.

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