07-29-2017, 06:52 PM
Recently apple paid 2bn$ cash to settle a long running dispute .After a patents row that escalated between Nokia and Apple in December last year and was settled in May, Nokia has received a $2 billion upfront cash payment from Cupertino-based tech company as part of the settlement terms.
According to a report in Tech Crunch on Friday, Nokia will not get $2 billion every quarter -- this was non-recurring catch-up revenue and Nokia hasn't said what it plans to do with all this cash.
According to the Cupertino-based tech giant, Nokia was conspiring with PAEs patent assertion entities (Acacia Research and Conversant Property Management) in an "illegal patent transfer scheme" to wring money out of Apple because Nokia's cell phone business was failing.
Hope Nokia will do best now onwards recently we seen new mobiles from Nokia we sad when. Nokia CEO cried on interview "we didn't done any wrong we loose cause a large loss in profits " hope they will regain again
Nokia was the first camera phone and best seeking phone all over world new models new process very imprensive also ,later when android came nokia start dropping day by day totally losses in profits .
According to a report in Tech Crunch on Friday, Nokia will not get $2 billion every quarter -- this was non-recurring catch-up revenue and Nokia hasn't said what it plans to do with all this cash.
According to the Cupertino-based tech giant, Nokia was conspiring with PAEs patent assertion entities (Acacia Research and Conversant Property Management) in an "illegal patent transfer scheme" to wring money out of Apple because Nokia's cell phone business was failing.
Hope Nokia will do best now onwards recently we seen new mobiles from Nokia we sad when. Nokia CEO cried on interview "we didn't done any wrong we loose cause a large loss in profits " hope they will regain again
Nokia was the first camera phone and best seeking phone all over world new models new process very imprensive also ,later when android came nokia start dropping day by day totally losses in profits .