All Future iPhone (3GS, 4 & 4S/5) Sales to Bring Nokia $550 Million Each Year, At Least

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To be honest I wasn’t expecting these war between giants (Nokia vs Apple and Apple vs Nokia) to reach an end so fast, but that happened today as you may very well know. Nokia is the big winner here, as Apple ended up agreeing to pay the Finnish company a fixed amount of cash right now as well as royalties in the future.

Not a bad deal for Nokia, and quite a PR hit for Apple. Not to mention that Apple will have to pay Nokia quite handsomely in the near future, considering that Cupertino will most likely sell as many iPhones as possible in the near future. Of course that doesn’t mean we’re still not waiting for Nokia to come up with a decent iPhone competitor, hear that, Nokia?

While we did find out today that Nokia won the patent wars, we’re yet to confirm the official numbers in the settlement, which, while still not public, will surely not remain secret for very long. In fact we already have an estimate on what Apple will have to pay and the numbers are definitely impressive.

Analyst Kai Korschelt from Deutsche Bank seems to believe that Nokia will get a $608 million down payment, from Apple right away, followed by future quarterly wires that could amount to about $138 million each quarter or more than $550 million per year.

Analysts don’t usually get their predictions right, when it comes to future gadgets, but when it comes to financial stuff like the ones we’re talking about today they’d probably have a better chance of coming up with more accurate estimates. Based on similar cases, Korschelt ended up with that up front payment, which covers all current iPhone models sold. He’s also saying that Apple will continue to pay Nokia 1% royalty on all iPhones sold each quarter, which, considering past iPhone sales, amounts to that $138 quarterly fee.

Time will tell whether these estimates were right or wrong, but it’s certain that Nokia just became cooler by association with Apple’s iPhone. Not a bad deal for holding on to a bunch of patents that are worth more than their weight in gold. We’re definitely interested to see whether this lawsuit settlement will make Apple charge more for its future smartphones, which is something we’re certainly going to be ranting about if, and when it happens.