Why Apple CEO Tim Cook won't stand for shady sofa salesmen
Justin Sullivan/ Getty Images
Cook took a shot at Qualcomm, one of the main chip suppliers for the iPhone, during its quarterly earnings call on Tuesday when an analyst asked about the legal fight the two companies are embroiled in.Apple sued the chipmaker earlier this month, accusing it of withholding $1 billion in rebates it owed Apple, and alleging that Qualcomm charges Apple "at least five times more in" royalty payments than all of Apple's other patent licensors combined.
But then, in a seemingly extemporaneous rhetorical flourish, Cook came up with a domestic analogy to drive home the point:"It's somewhat like buying a sofa and you charge somebody a different price depending upon the house that it goes into," he said.
The idea, Cook suggests, is that Qualcomm is charging a higher licensing fee for the wireless chips that go into iPhones than it does when the chips are featured in other products.A sofa vendor that sells the same couch at different rates would surely raise eyebrows.But to some observers, a better analogy that Cook might have made was not home furniture vendors but pharmaceutical companies:
That is exactly what happens in healthcare in the US https://t.co/j1YZRaSQzr- Arjun Ram (@arjunram) January 31, 2017
- 'Democracy has prevailed' says Joe Biden as he takes oath as the 46th President of the United States
- PM Modi congratulates Joe Biden, says he looks forward to strengthen India-US partnership
- Democracy has prevailed, says US President Joe Biden in his first speech. PTI ZH AKJ ZH ZH
- Joe Biden takes oath as 46th US President amidst unprecedented security. PTI ZH AKJ ZH ZH
- Kamala Devi Harris creates history as she takes oath as Vice President of USA