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Jay

Nokia likely netted $600 million plus in Apple patent settlement
By Larry Dignan | June 14, 2011, 8:06am PDT

Nokia likely netted $600 million plus in Apple patent settlement | ZDNet

Nokia likely extracted a one-time $608 million payment from Apple as the companies settled their patent litigation, but the long-term health of the company depends on products not royalties.

Following news that Nokia settled its patent litigation with Apple, which is now licensing patents from its rival, analysts quickly moved to figure out the revenue impact. Nokia said that Apple’s payment will boost dismal second quarter results. Related: