JPMorgan analyst Rod Hall believes Apple's (AAPL) lawsuit could have a "severe" impact on the earnings of Qualcomm (QCOM). The analyst estimates that Qualcomm's 2017 earnings could be impacted by 32.5% should Apple stop paying royalties until the patent case is resolved. The tone of Apple's complaints align very closely with the Federal Trade Commission complaints from last week, Hall tells investors in a research note.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here