Might the percentage of annual sales, taken as ongoing royalties(rather than a one-off fee), have something to do with Qualcomm`s share price and valuation?

The debate as to which is better, large single fee or the same fee spread over 10 years doesn`t quite work for the Qualcomm model - they receive both.

Given the ease with which they appear to collect the royalties due, it does raise questions as to just how difficult, or not, this process is.

Be well