Nokia received $2 billion up-front cash payment from Apple as part of patent settlement

This week Nokia reported net sales of €5.6 billion in Q2 2017.  Even though it was flat year-on-year, Nokia Technologies’ sales were up 90% versus the same period last year, which was largely driven by its recently-announced agreement with Apple. Apple paid Nokia an upfront cash payment of €1.7 billion ($2 billion approx.) as a part … Continue reading "Nokia received $2 billion up-front cash payment from Apple as part of patent settlement"

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