Analyst Stacy Rasgon writes the deal's eventual impact on Qualcomm (NASDAQ:QCOM) would depend on whether Apple can develop a viable solution on a suitable timeline.
In other Qualcomm news, Rasgon notes that new filings in the FTC case indicate the company is appealing and wants a stay of injunctive relief.
Qualcomm shares are down 2.8% pre-market. Intel and Apple shares are down 0.5%.
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