Apple To Pay Ericsson Patent Royalties On iPhones and iPads (cio.com)

itwbennett writes: In settlement of a long-standing dispute over patents that Ericsson considers essential to the implementation of a number of mobile communications standards, including GSM, the 3G standard UMTS and LTE, Apple has agreed to pay Ericsson royalties on sales of iPhones and iPads. While the companies would not disclose further details of their agreement, Ericsson gave a hint about its value. For the full year 2015, Ericsson predicts its intellectual property rights revenue will amount to between 13 billion and 14 billion Swedish krona ($1.64 billion). In comparison, it reported IPR revenue of 10.6 billion krona for the full year 2014, including a 4.2 billion krona lump sum in settlement of a similar global dispute with Samsung Electronics.

Comments

IPR [Re:Figures?]

[Geoffrey.landis]

I don't know what "IPR Revenue" is

"Intellectual Property Rights" revenue.

From the summary: " For the full year 2015, Ericsson predicts its intellectual property rights revenue will amount to between 13 billion and 14 billion Swedish krona ($1.64 billion). In comparison, it reported IPR revenue of 10.6 billion krona for the full year 2014,..."

Re:No more than fair

[Anonymous Coward]

Qualcomm had paid for them to use the patent, not for others to use the patent. Just because I have some windows software that does 8.3 to long name conversion on VFAT does not mean that I have the patent license to write that up in some code and give that code away for everyone else to use, despite the cost of the software including the cost of licensing the patent.

And equally, neither did Apple have the right to make a product and sell it using the patented tech they did not have a license to.