Apple (AAPL) is licensing Arm‘s (ARM) IP at less than 30c per device, the lowest rate among Arm’s smartphone chip clients, The Information’s Wayne Ma and Cory Weinberg report. Apple makes up under 5% of Arm’s sales, the report notes. While Arm has played an important role in helping Apple’s devices outflank the performance of rivals, the iPhone maker pays unusually low fees to Arm because of its unique leverage in the smartphone industry.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AAPL:
- Notable open interest changes for November 30th
- PayPal Stock (NASDAQ:PYPL): Growing Competition Weighs on Analysts’ Opinions
- Apple Stock: Singles Day iPhone Concerns Overblown, Says Top Analyst
- Keefe says Apple ending Goldman partnership not big surprise
- Apple (NASDAQ:AAPL) and Goldman Sachs Sever Credit Card Partnership
