“You should be thinking about we’re going to be much better than that on Galaxy S23 and beyond.”

In context

“ing on the balance sheet is really a reflection of what’s coming up. Blayne Curtis: Got you. And then just for Cristiano, I wanted to follow up on the question on the Samsung agreement, because you said last quarter, your share was much higher, that 75%. Obviously, they had some struggles with their internal modem. I’m just trying to -- maybe a little bit more color as to what this agreement means? Is there any kind of handset share that’s wrapped around it, or is it more about these other devices? I’m just trying to understand the real punch line on the agreement. Cristiano Amon: Yes. The way you should think about it is Snapdragon low power, they’re Galaxy product line, they are Galaxy flagship products. And what I can say at this point is we were 75% on Galaxy S22 before the agreement. You should be thinking about we’re going to be much better than that on Galaxy S23 and beyond. It’s a multiyear agreement. And it’s -- that’s probably what I can tell you. You should think about us powering their devices globally. Operator: Thank you. Our next question is coming from Brett Simpson with Arete Research. Brett Simpson: Cristiano, I wanted to ask about the Apple guidance that was laid out by Akash at the Investor Day. I think, Akash, you mentioned that new iPhones in the second half ‘23, you would expect about 20% share of those new iPhones. Now that we’re getting closer to that time line, has your view changed at all by that share? And if we were to see more demand for Qualcomm modems at this account, can you secure the foundry capacity? And would you need to negotiate a new long-term agreement for modems? Thank you. Cristiano Amon: Brett, we’re not providing any Appl”