Apple caves, signs new patent licensing deal with Ericsson

Back in February, Ericsson took Apple to court for infringing on no less than 41 of its patents. Apparently, Apple's iPhones and iPad incorporate a lot of Ericsson's patented tech, with a scope ranging from basic communication protocols to user interfaces and power saving techniques.
Apparently, Apple has finally caved. Ericsson representatives did not provide the financial details of this new IP licensing deal, but the company has raised its estimated overall IP rights revenue to $1.52 - 1.64 billion, up from a previous estimate of $1.14 billion. According to Reuters, analysts from ABG Sundal Collier believe, based on Ericsson's new IP revenue estimates, that Apple agreed to hand over about 0.5 percent of all its iPad and iPhone revenue.
source: Reuters