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FRAND is a legal term in a contract.

You can’t just arbitrarily apply it to something that’s not under a contract (Apple’s device prices) and say that because you don’t like that due to a non-legal system definition of FRAND Qualcomm is off the hook.

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Not saying Qualcomm is on or off any hook but perhaps Apple's valuations are a bit off and Qualcomm's closer to reality.

What you are saying has no basis in fact or reality. FRAND has a specific meaning.

You don't get to agree to parts of it just because the company you are licensing to has more money to spend.

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