Apple has instructed its contract manufacturers to stop paying royalties to Qualcomm altogether. Injunction requests and an end to Qualcomm's iPhone modem sales are among the possible next steps.
It's been a heavy week for earnings, but Jim Cramer is already looking ahead to next week -- and Apple.
Corporate tax cuts, net neutrality rollbacks and easier merger reviews would all be positives for the big telecoms.
As of 6pm Thursday, Comcast, Dish, T-Mobile, AT&T, Verizon and others can resume strategic talks.