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November 20, 2012 02:50 pm GMT

HTC Rebuts Report Its Paying Apple $6-$8 Per Handset Under 10-Year Licensing Deal: It Is A Outrageous Number, Says Chou

htc-logoEarlier this month Apple and HTC agreed to settle their legal differences by agreeing to a 10-year licensing deal. Terms of the deal were not disclosed but following the settlement, Sterne Agee analyst Shaw Wu suggested HTC could be paying Apple between $6 and $8 per handset. HTC CEO Peter Chou has now rebutted the estimate, describing it as "outrageous", according to Reuters.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/WZxZ_RRTKes/

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