Apple's patent-licensing settlement with HTC might actually net the company some more cash.
Sterne Agee analyst Shaw Wu said in a note to researchers today that he has spoken with industry sources who told him that Apple will generate about $6 to $8 in licensing fees for each smartphone HTC ships in 2013. Based on his estimate of 30 million to 35 million shipments, Wu believes that Apple will generate $180 million to $280 million in licensing fees.
Apple and HTC announced yesterday that they had inked a 10-year licensing deal to settle patent disputes. The companies said that it was a joint licensing agreement, meaning both sides would cough up some cash. They didn't say, however, if the financial split would net to zero or if one side would get the advantage. According to Wu, Apple was able to win out.
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