The process is confidential and information is scarce. What we can say is that Apple finally yielded an agreement with Nokia and will pay royalties to the company.
Nokia had warned in late May that it would not be able to achieve the goals, and after this lawsuit, the company was boosted and its stocks rose 3% as soon as analysts received the news.
Apple was ordered to pay a lump sum to Nokia immediately as well as royalties on future iPhone sales.
Nokia will earn 1 to 2 percent of the iPhone revenue which is about $ 43 billion this year according to Reuters.
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