UPDATE
Interdigital (IDCC)
Royalty Income per Share (Gross)

           Royalties     O/S     Royalty per Share

1Q2001      $ 8.0M     53.13M        $0.15 
2Q2001        7.0M     52.59M         0.13
3Q2001        9.9M     52.60M         0.19
4Q2001        6.0M     52.89M         0.11

FY2001      $30.9M     52.89M        $0.58

1Q2002      $19.0M     53.04M         0.36
2Q2002       23.5M     53.47M         0.44 
3Q2002       13.8M     52.60M         0.26
4Q2002         -         -              -

FY2002         -         -              -

Royalty Income per Share (Gross)
IDCC vs QCOM
Last 7 Quarters

           IDCC      QCOM

MRQ       $0.26     $0.30  [$243.3M/807.16M]
6          0.44      0.25  [$198.9M/806.90M]
5          0.36      0.24  [$194.0M/806.85M]
4          0.11      0.26  [$210.8M/806.04M]
3          0.19      0.25  [$189.3M/761.71M]
2          0.13      0.24  [$180.1M/752.06M]
1          0.15      0.31  [$229.5M/749.48M]

Notes: 

1) TTM Royalty income per share for IDCC is $1.17 vs $1.05 for QCOM.  

2) TTM Operating Expenses per share is $1.49 per share for IDCC vs $2.20 for QCOM.

3) Undisputed Royalty champ is IBM with 
approximately $1.5B-$2.0B in annual royalties 
or $0.90-$1.10 per share with the lowest
litigation risks of anyone in the IPR business,
which is currently estimated at around $140+B a 
year.  

4) YTD Chart:

IDCC vs ARMHY vs QCOM vs NASDAQ

bigcharts.marketwatch.com