Qualcomm CEO discusses the company’s post-Apple future

As Apple continues its years-long breakup with Qualcomm, the chipmaker’s CEO says he is already looking beyond the iPhone, as he tries to reassure investors that the company’s long-term plans don’t depend on Cupertino’s roadmap. Speaking on Yahoo Finance’s Opening Bid podcast, Qualcomm CEO Cristiano Amon downplayed the consequence of its high-stakes relationship with Apple, saying the company is already planning as if the iPhone maker will fully move to its own in-house modem in the next few years. “That’s our contract, you know, and if we don’t get a new contract, that’s what it is,” Amon said. “And there’s so much drama and association about the Apple relationship, which I think is not warranted, to be honest.” Qualcomm has long been Apple’s primary modem supplier, with estimated revenue between $5.7 and $5.9 billion annually. The current licensing agreement between the companies expires in 2027, and the ramp-down has already begun. Qualcomm has said that it expects to be in abou ... Read full article.