Nokia this morning announced that it has settled a patent row with Apple. Under the settlement agreement, Apple will pay a one-time fee as well as on-going royalties to license patents from the Helsinki, Finland-based mobile phone maker.
Nokia further states that the patent license agreement is bound to have a positive financial impact on its (recently revised) outlook for Q2 2011 (check back here for its financial report on Q1 2011).
The big question that remains unanswered: how much is Apple coughing up to settle the patent litigation with Nokia (which has been brewing for years now)?
Other noteworthy coverage of the news: