Apple paid 2 billion dollars for using Nokia’s wireless patents

- Adrian Ungureanu
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Apple and Nokia had their own dispute in court about the use of some patents that Nokia owned and Apple used without paying the royalties, but in May they settled the dispute in a friendly manner.

Apple actually decided to pay up-front the total amount it owed to Nokia, but at that time the two companies didn’t revealed how much.

Nokia released it quarterly financial report for Q2 and from it we find that Apple paid around EUR 1.7 million (~$2 billion), which is a lot of cash going into Nokia’s treasury.

Apple will continue to pay for Nokia’s patents so it feels that the Finnish company had to gain by making up with the Cupertino-based company.