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November 12, 2012 at 11:29 AM EST
Apple Deal Makes HTC Share Phone Profits
Apple (AAPL) likely will get $6 to $8 for every Android-based smartphone that HTC sells, as part of a legal settlement between the two companies, Sterne Agee analyst Shaw Wu said Monday. Apple and HTC announced Saturday that they had reached a global settlement that includes a 10-year patent licensing agreement and dismissal of all current lawsuits between the two firms. Financial terms weren't disclosed, but Wu says Apple will get a net licensing
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