SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 165.24-2.4%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JeffreyHF who wrote (81085)10/16/2008 7:56:54 AM
From: slacker711  Read Replies (2) of 197192
 
Here are some numbers from an old post by Eric.

Message 24798618

In the Qualcomm case I believe they have escrowed at least $20 million and perhaps a like sum each subsequent quarter), and in addition through the end of 2007 they had provisioned €545 million ($856 million) for potential IPR infringement (InterDigital, IPCom/Bosch, Qualcomm). Presumably these amounts are larger after Q2 earnings since none had gone away at Quarters end. Nokia increased its IPR Infringement PROVISIONS by €261 ($428 million) in 2007. Presumably the increase was primarily intended to cover potential payments to QUALCOMM.

Assuming that Nokia and Qualcomm finalize the agreement, dot all 'i's and cross all 't's, and Nokia tenders the complete up front payment (agreed $$$ in arrears, plus a new licensing fee) prior to the end of Qualcomm's fiscal year, will that complete payment show as a one time payment in the unaudited quarterly earnings statement which will be mirrored in an 8K? The Nokia balance sheet will shows total PROVISIONS (with adds and deductions) but it does not break down PROVISIONS by category (Warranty, Tax, IPR, Restructuring, Other -- that's done on the audited annual financials and the annual US SEC 20-F that will be available ~March 2009.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext