HTC chief executive Peter Chou told Reuters that his company is "happy" with its recent settlement with Apple. He also noted that press suggestions that HTC will pay Apple between $6 and $8 per phone sold as part of a licensing agreement is "outrageous."

"I think that these estimates are baseless and very, very wrong," Chou told Reuters. "[The popular estimate] is a outrageous number, but I'm not going to comment anything on a specific number. I believe we have a very, very happy settlement and a good ending."

Of course, details on the actual arrangement between Apple and HTC were not revealed.