Posted On: 12/21/2015 10:56:09 AM
Post# of 17653
Merry Christmas & best wishes to All
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Ericsson has signed a license agreement with Apple (NASDAQ:AAPL) that covers patents relating to both firms' standard-essentials (including GSM, UMTS and LTE cellular) and grants certain other patent rights. While it didn't specify how much it would earn from the deal, Ericsson (NASDAQ:ERIC) estimated that its overall revenues from intellectual property rights would hit 13B-14B Swedish crowns ($1.52B-$1.64B) this year, up from 9.9B in 2014. The agreement also includes releases that resolve all pending patent-infringement litigation between the companies. ERIC +7.1%; AAPL +1.5% premarket.
Seeking Alpha
....whisper has been that Apple backed off TV w/focus on iPhone & apps, (if I rem correctly).....interesting tidbit to me
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Ericsson has signed a license agreement with Apple (NASDAQ:AAPL) that covers patents relating to both firms' standard-essentials (including GSM, UMTS and LTE cellular) and grants certain other patent rights. While it didn't specify how much it would earn from the deal, Ericsson (NASDAQ:ERIC) estimated that its overall revenues from intellectual property rights would hit 13B-14B Swedish crowns ($1.52B-$1.64B) this year, up from 9.9B in 2014. The agreement also includes releases that resolve all pending patent-infringement litigation between the companies. ERIC +7.1%; AAPL +1.5% premarket.
Seeking Alpha
....whisper has been that Apple backed off TV w/focus on iPhone & apps, (if I rem correctly).....interesting tidbit to me
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