AfterDawn: Tech news

Apple to get $8 per HTC phone sold with new agreement?

Written by Andre Yoskowitz (Google+) @ 12 Nov 2012 10:50

Apple to get $8 per HTC phone sold with new agreement? According to Sterne Agee analyst Shaw Wu, Apple will get between $6-$8 for every HTC phone sold.
Last week, Apple and HTC announced an end to their global patent war, agreeing to a 10-year licensing agreement.

Although Apple did not release any terms of the settlement, Wu says he has been in contact with "industry sources" who gave him the figure.

HTC sells around 30 million Android smartphones every year, and also pays $5 to Microsoft for every phone sold after the two companies settled in 2011 over similar patent issues.

The extra revenue will be drop in the bucket for Apple, which made $41 billion net income in the last year.

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