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.
Deutsche Bank analyst Kai Korschelt said in a research note that Nokia is likely to get a 420 million euro payment in the second quarter. That sum, which translates to $608 million, assumes … Read more