Analyst estimates Apple will get around $7 per HTC phone sold yielding $180-$280M annually

On Friday, a press release confirmed Apple and HTC reached a global settlement regarding two patent infringement lawsuits that would include a 10-year licensing agreement and dismiss the current lawsuits between the companies. There was no other information on the deal at the time, but today Sterne Agee analyst Shaw Wu claimed to have the specifics (via BusinessInsider):

Apple will get $6-$8 for every Android-based HTC phone sold, says Shaw Wu, an analyst at Sterne Agee… HTC sells 30-35 million Android smartphones annually, so it will generate $180-$280 million in annual revenue for Apple. Since there is no almost cost associated with that revenue, it should be pure profit. But, Apple made $41 billion in net income during its last fiscal year, so it’s not like this HTC money means much.

The Wall Street Journal also reported today that the settlement would indeed include licensing fees.