Arm wants more than $0.30 per iPhone from Apple, but won't get it

Following Arm's recent initial public offering, it has reportedly been unsuccessfully pressing Apple to pay more than $0.30 per iPhone for its intellectual property.Apple and Arm have a history that goes back decades to the Newton era. Back in the late 1980s, Apple even owned 43% of the company, but it steadily sold off its shares through the next decade.Most recently, Arm issued its first IPO, and according to Reuters, Apple has invested somewhere between $25 million and $100 million. Read more...