Apple settled patent lawsuit
with Nokia for $2 billion in cash
This is fantastic news. First, I believe that Apple just
paid this to NOK, so this boatload of cash will be reported in this
Q3, Second, the just released report stated that the
Technology Division grew by 90%, even after backing off a one time
payment the division still grew 50% YoY, now if I am not mistaken,
the 50% growth is directly attributable to APPL begining to make
per phone royalty payments to NOK starting on May 24th (they
settled on May 23th), so APPL only paid royalties for a bit less
than one half of the quarter, next quarter will be big for the
Technology Division. And the beauty of it all is that the
division carries huge margings of close to 60%.
Apple settled patent lawsuit with Nokia for $2 billion in
cash:
siliconbeat.com/20...=yahoo
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