Apple and Nokia settle dispute

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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.

For the full story visit PCR.