Nokia likely extracted a one-time $608 million payment from Apple as the companies settled their …

We’re pretty certain Apple hasn’t rendered the iPhone 3GS obsolete just yet, thanks to a video posted by a Polish developer, pointed out by our sister site CNET News. Though Apple’s official line is that iOS 5 will run on every iPhone since the 3GS, as well as the iPod touch from the third generation on, and both iPads, it’s …

Apple has agreed to hand over a potentially massive wedge of cash to Nokia in a patent license agreement that will see the two companies drop all existing lawsuits against one another. Apple will pay an unknown one-off fee to Nokia, followed by unspecified ongoing royalties for its use of various unmentioned Nokia-patented technologies. Don’t you just love confidential agreements? …