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Apple Renew Global Patent License Agreement","url":"https://stock-news.laohu8.com/highlight/detail?id=2669049883","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669049883?lang=en_us&edition=fundamental","pubTime":"2026-09-24 20:23","pubTimestamp":1790252580,"startTime":"0","endTime":"0","summary":"Qualcomm renewed its global patent license agreement with Apple, effective April 1, 2027.The terms and duration of the pact weren't disclosed.The partnership between Qualcomm and Apple was shaped by a 2019 settlement, which ended a long-brewing legal battle over how royalties are collected on innovations in smartphone technology.With the settlement, the companies said in April 2019 that they had reached a six-year license agreement and a multiyear deal for Qualcomm to supply Apple with modem chips. Now, that agreement has been extended.\"We are pleased to extend the Apple license agreement,\" John Han, general manager of Qualcomm Technology Licensing, said Thursday.Still, Apple in recent years has sought to become less reliant on Qualcomm, which makes smartphone processors. Apple last year launched the iPhone 16e, an update to a budget-friendly version of its flagship device that featured the company's first in-house cellular chip.The device marked a long-awaited step in Apple's efforts 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Stock Underperforms Wednesday When Compared To CompetitorsThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Snap Inc.  slid 5.87% to $5.29 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index  falling 1.13% to 26,936.04 and Dow Jones Industrial Average  falling 0.68% to 51,511.59.This was the stock's second consecutive day of losses.Snap Inc. closed 42.06% below its 52-week high of $9.13, which the company achieved on November 12th.The stock underperformed when compared to some of its competitors Wednesday, as Microsoft Corp.  rose 0.52% to $500.59, Apple Inc.  fell 0.80% to $337.02, and Alphabet Inc. Cl A  fell 3.80% to $337.83.Trading volume  remained 1.9 million below its 50-day average volume of 37.8 M.Data source: Dow Jones Market Data, FactSet. 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Average iPhone Wait Times Increase, UBS Says; Maintains 'Neutral' Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2669480440","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669480440?lang=en_us&edition=fundamental","pubTime":"2026-09-24 00:45","pubTimestamp":1790181934,"startTime":"0","endTime":"0","summary":"Apple's  average wait times for iPhone 18 availability rose about 3 days for the Pro model and about 2 days for the Pro Max model week-over-week, resulting in flattish year-over-year deltas, UBS Securities said Tuesday in a note.The data suggest \"potentially improving demand trends on the margin,\" UBS said.Wait times were essentially unchanged week-over-week for the Pro model in China, as well as the Pro Max model in both China and Japan, according to the note.UBS believes wait times heading into the Duo launch in October are important to track, while iPhone availability in China is also worth monitoring, as demand for Apple's foldable phone is higher there than in other markets, the note added.UBS estimates September quarter iPhone revenue and units of $55.9 billion and 55 million, respectively, up 14% and 2.8% year-over-year. For the full year 2026, it expects iPhone revenue and units of $252.4 billion and 261 million, respectively.UBS kept a neutral rating on Apple with a price 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