Friday, July 28, 2017
Apple paid Nokia $2 billion as part of a patent lawsuit settlement
After a quick fight, Apple and Nokia settled a patent lawsuit back in May. But the two companies didn’t comment on the value of this settlement. While terms of the deal are still undisclosed, Nokiamob first spotted that Nokia announced that it has received a $2 billion upfront cash payment from Apple (€1.7 billion). This seems like quite a lot of money, but Nokia won’t get $2 billion every
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