RE:Canaccord on Q2/21 Cabbie- although it is nice to see Canaccord valuation is pricing in a Apple win to arrive at $3.00 valuation, In my opinion, the potential Apple win at 109 reflects a true value of win forthe following reasons:
The 109 decision reflects only up to Apple 7 and does not include post apple7 figures which was in Judges decision and agreed to by Apple to supply updated figures. Post 7 sales and royalties should douible the 109.
---Interest mandatory award should also add millions.
Canaccord and righfully so in my opinion did not take into account ou powerfull cross appeal which would increase award to 145 milllion plus post 7 royalties and interest to figure of 300 to350 million.
$3.00 view on win could be upgraded to $5.00 range for stock.
PS We have Motorola case in late 2021 which could also be material.
What are your views re above.?