Apple and Nokia settle dispute

Apple and Nokia have settled an ongoing patent dispute which will see the firms bury their respective legal hatchets and Apple pay Nokia an undisclosed sum.

Well-known patent activist Florian Meuller patted himself on the back as his former prediction of an Apple Nokia settlement came true. "I think Apple will most likely end up paying a ‘Nokia tax’," Meuller said in May.

The settlement means Apple will pay Nokia a ‘one-time payment’ as well as ongoing licensing fees, or ‘Nokia tax’ as Meuller called it.

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