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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: phatbstrd who wrote (81098)	10/16/2008 9:25:52 AM
From: slacker711	Respond to of 197271

I didn't catch that... are you saying that Q is foregoing all of the back royalties? It really is semantics. They are getting $2.3 billion Euros. You can account for that entirely as a license fee or take a portion as back royalties....or at least, that is how I understand this quote. seekingalpha.com Bill Keitel Then on the your question on the fourth quarter, yes, you are correct that $0.07 to $0.13 estimate for the fourth quarter includes a catch-up so to speak from amounts owed in the past that now as result to this settlement agreement, we expect it will be what we record in the fourth quarter. That fourth quarter amount that at this point I expect that will all be an amortization of the upfront payment, a partial amortization of the upfront payment. And as Steve said it's a very substantial upfront payment, much more than what has been owed for the past and a portion of it is a payment for the future. Okay? Slacker