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Apple Paid Nokia $2 Billion To Escape Fight Over Old Patents (theverge.com)
An anonymous reader shares a report: Apple's latest patent spat with Nokia resulted in a $2 billion up-front payment from the iPhone maker, a colossal sum that seems to indicate Apple was eager to avoid a protracted and ugly dispute that could rival the one it had with Samsung. The new details of the settlement, which was first announced back in May without the disclosure of a financial amount or the new licensing terms, were spotted in Nokia's second quarter earnings release. "We got a substantial upfront cash payment of $2 billion from Apple, strengthening further our cash position. As said earlier, our plans is to provide more details on the intended use of cash in conjunction with our Q3 earnings," reads the official transcript of Nokia's quarterly earnings call with investors yesterday. Neither Nokia nor Apple have disclosed the terms of the new licensing deal, including whether it involves recurring payments or how many years it will be in place.
to suck on my DAMN balls
Pocket change.
#DeleteChrome
Genesis 1:1 and 14, “In the beginning God created the heaven and the earth. ... And God said, Let there be lights in the firmament of the heaven to divide the day from the night; and let them be for signs, and for seasons, and for days, and years.”
If I weren't a Christian, I would become a Christian just from viewing the insane, desperate, blatant, lies of evolutionists (which include delusional people from all industries: astronomers, biologists, physicists, geologists, paleontologists, et cetera). The evolutionary bizarre claims of so-called “scientists” are so absurd that any honest thinking person can see how intentionally dishonest and unscientific the whole thing really is. Satan truly is a beautiful liar!
Today I was watching a 2014 documentary series by National Geographic titled, “COSMOS: A SPACE TIME ODYSSEY.” The follow is just INSANE!!!
Scientists now believe that the building blocks of life originally came from space. Meteorites containing amino acids have bombarded earth ever since the planet formed. And it was these amino acids which were the starting point for all life. Hunting for the origin of earth's water and life, the investigation has revealed that the water on earth arrived here inside meteorites. And meteorites also brought amino acids, the building blocks of life, to earth from space. [emphasis added]
SOURCE: National Geographic - Cosmos: A SpaceTime Odyssey
That is preposterous! Do you really believe that all the 326,000,000,000,000,000,000 (326 quintillion) estimated gallons of water upon the earth came from outerspace? Do you believe all that water came to the earth one meteorite at a time? If you do, I feel sorry for you, because you are really gullible, unlearned and foolish. It is much more logical to believe the Holy Bible, which says in Genesis 1:1-2, “In the beginning God created the heaven and the earth. And the earth was without form, and void; and darkness was upon the face of the deep. And the Spirit of God moved upon the face of the waters.” God created the universe and everything in it!
Is NASA covering up evidence of life on Mars? That’s what University of Cardiff astrobiologist Chandra Wickramasinghe claims. You know, it is ridiculous (and really tragic) for millions of intelligent people to spend $100,000 to earn a university degree, and then come out of an institution of higher learning believing that NASA is hiding life on Mars. Go figure! Dr. Wickramasinghe has made many bizarre claims, which are nothing more than BAD SCIENCE. The “experts” believe that all the water on earth came here over billions of years from colliding meteorites. I'd say that “You couldn't make this stuff up!,” but that is exactly what unbelieving skeptics of the Word of God have done. Evolution is a cruel hoax! The insane theories of evolutionists are just that . . . INSANE THEORIES!!!
Isaiah 45:12, “I have made the earth, and created man upon it: I, even my hands, have stretched out the heavens, and all their host have I commanded.”
Jeremiah 10:12, “He hath made the earth by his power, he hath established the world by his wisdom, and hath stretched out the heavens by his discretion.”
Jeremiah 27:5, “I have made the earth, the man and the beast that are upon the ground, by my great power and by my outstretched arm, and have given it unto whom it seemed meet unto me.”
Jeremiah 51:15, “He hath made th
With $2,000,000,000, they should be able to pay someone who can write in English.
"National Security is the chief cause of national insecurity." - Celine's First Law
now bring back communicator with android or ios.
I though Nokia and Apple settled their patent problems in 2011
"I bless every day that I continue to live, for every day is pure profit."
Two billion doesn't go that far today.
Although real money, with $300 Billion siting in Chinese Communist Party Banks in Beijing, Shanghai and Hon Kong, and $200 Billion siting in Mafia Controlled Banks in Ireland, Netherlands, Italy and Germany, Timmy wont live long enough to spend it and being a Queer and hater of Heterosexuals he can not "seed" it away to a "family" heir. Maybe Apple Ink will announce on Timmy's death a "Power 'Ball' Contest" and just give it away to someone at random with Siri's help.
Jajajajajajajajajaja
kkkkkkkkkkkkkkkk
Steve Jobs hated paying dividends (profit which is supposed to go to stockholders). Apple stopped paying dividends when Jobs was re-hired in 1995, and started paying them again shortly after his death in 2012. The $200+ billion in cash Apple has in the bank almost exactly equals how much it should have paid out in dividends during Jobs' reign. So I suspect what happened is the board complied with Jobs' wish not to pay dividends to stockholders, but only on the condition that they bank it so they could decide how to use it later (including possibly paying it out to future stockholders).
So basically it's pocket change because they didn't pay their owners for close to 20 years. I'd have a lot of money in the bank too if I didn't have to make payments on my home and car loan for 20 years. (Though to be fair, Google doesn't pay dividends either.)
There's nothing wrong with not paying dividends. There is no law saying a company must pay dividends to shareholders anywhere.
Paying a dividend means you reduce the amount of working capital you have. For some companies, they don't need that much cash on hand. For others, it's necessary for cashflow.
Anyhow, most of Apple's investors are in the US, while most of Apple's money is outside the US. To pay a dividend would require importing that money in, and losing 35% of it off the top, so shareholders either have to contend with a company losing 35% to Uncle Sam just to pay a dividend, or holding the money offshore and letting it grow.
Giving dividends is usually a sign of a company out of ideas - rather than investing the profits in future growth opportunities, they decide to just return it to shareholders because they have nothing better to do with it.
And really, Nokia's money is coming from those billions stashed outside the US. It's $2B less dollars that could be taxed ($700M would've gone to Uncle Sam) should Apple bring it in.