“Though the monetary sums involved were not disclosed, investors liked what they were hearing and Ericsson’s share price ended 3 percent higher at 80.95 kronor in Stockholm,” Huuhtanen reports. “Ericsson said its deal with Apple means cooperating on the development of fifth generation, or 5G, as well as on video and wireless networks.”
Huuhtanen reports, “Although it gave no precise amounts, Ericsson said it expects revenues this year of some $1.4 billion this year, which includes ‘the positive effects’ of the settlement and income from other licensees.”
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MacDailyNews Take: Now that the renumeration has been addressed, let cooperation reign!
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