Apple just paid Nokia $2 billion to settle a long-running patent dispute

[Guest Chris Smith]

Apple and Nokia have agreed to settle all their patent disputes, with the latter being the clear winner right now. Apple agreed to pay Nokia a one-time up-front cash payment and entered into a multi-year patent license with the company earlier this year. At the time, we had no idea how much the iPhone maker paid, but Nokia’s most recent quarterly earnings revealed that sum to be close to $2 billion.

 

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Via BRG - Boy Genius Report