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iPhone Cases Sign in / Join NowSummaryAs per Nokia July 27, 2017, Q2 earnings call transcript, the company got 1.7 billion upfront payment from Apple related to patents/technology licensing.Only a part of the 1.7 billion, or $1,997,865,500 at today exchange rate, was reflected in Q2 ER.Nearly $2 billion is a lot of new money to do more acquisitions or spend on R can also be used to pare down Nokia debt and/or pay dividends.Apple capitulation over Nokia patent infringement suits may also influence the result of Qualcomm patents related litigation against Apple.One of the several benefits of Nokia (NYSE:NOK) being friends with Apple (NASDAQ:AAPL) again is that Tim Cook agreed to pay upfront 1.7 billion (around $2 billion) to Nokia to settle patent licensing issues. Nokia's July 27, 2017, earnings call transcript published on Seeking Alpha revealed that Apple agreed to make that upfront payment of around $2 billion.It was Nokia's CFO, Kristian Pullola, who reported this information during the earnings call conference. The screenshot below is of Nokia's Q2 earnings call transcript on Seeking Alpha.iPhone Cases

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