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Well, it was noticeable. In the second quarter 2011 result Nokia reported a payment of 430 million Euros from Apple. The exchange rate was around 1.45 at that t
by ralfd 14y ago
Well, it was noticeable. In the second quarter 2011 result Nokia reported a payment of 430 million Euros from Apple. The exchange rate was around 1.45 at that time, so that means 620 million Dollars were paid. Also Deutsche Bank analysts assumed an ongoing royalty of 1% from Apple. Which would mean Nokia gets every quarter another $200 million. But I am too lazy too check that up.
- ajross 14y agoInteresting, thanks! I'll note, though, that given the 55M units Apple shipped in 2011 (hopefully that's right, read it off the google results page and didn't click through) it comes to about $11/unit. The 1% number, if it's based on retail price, is about a third of that. That's a big deal, and honestly much larger than I expected. But reports were that Apple demanded $30/unit from Samsung, and pushed ahead with the suit when they didn't get it. That's not quite in the same realm of "compromise". Nokia was happy to be a parasite. Apple wants Samsung dead.