|Day's Range||6.16 - 6.24|
|52 Week Range||4.04 - 6.31|
|PE Ratio (TTM)||-50.90|
|Dividend & Yield||0.18 (2.94%)|
|1y Target Est||N/A|
Nokia will receive an up-front cash payment from Apple and additional revenues.
HELSINKI (AP) — Nokia and Apple have settled their numerous legal disputes after signing an agreement to work together.
Nokia (NOKIA.HE) has settled its legal battle with Apple (AAPL.O) with a new patent license agreement and also signed a business deal with the U.S. giant, surprising investors who had expected the dispute to drag on. The companies said on Tuesday that Nokia would receive an upfront cash payment and additional revenues from Apple starting from the current quarter, without giving details. Nokia shares, which fell in December when the patent dispute was announced, jumped as much as 8 percent to their highest since February 2016 and were 6.5 percent higher at 5.88 euros by 0848 GMT.