Nokia Settles Patent Lawsuit with Apple

rated by 0 users
This post has 5 Replies | 0 Followers

Top 10 Contributor
Posts 26,490
Points 1,196,420
Joined: Sep 2007
ForumsAdministrator
News Posted: Tue, Jun 14 2011 8:37 PM
Nokia on Tuesday announced that it had settled its patent fight with Apple, which was about 1 1/2 years old. Nokia first sued Apple in October of 2009.

The settlement includes a one-time lump sum payment from Apple to Nokia, along with future royalties. Deutsche Bank analyst Kai Korschelt said in a research note that Nokia is likely to receive a $608 million payment in Q2. Other estimates, however, go up as high as $900 million.

Whatever the amount, and Nokia isn't talking specifics, it's enough to help the company as it transitions to Microsoft's Windows Phone OS on its smartphones. The company even went so far as to say
"This agreement is expected to have a positive financial impact on Nokia's recently revised outlook for the second quarter 2011 of around break-even non-IFRS operating margin for Devices & Services."
At the same time, now that Apple has rid itself of a lawsuit filed against itself, it can concentrate on legal battles still ongoing between the Cupertino, CA-based company and rivals such as Samsung, HTC and Motorola. For those companies, the battle mostly lies over Android. Here's what FOSS Patents has to say:

This is also very significant with a view to Android. Given that Android is in many ways a rip-off of Apple's operating software, Android-based devices are highly likely to infringe on largely the same Nokia patents that Apple now felt forced to pay for.
In other words, bad news for Android manufacturers. Not only are the above Android OEMs being sued by Apple, they likely infringe on Nokia's patents as well. And since Apple was willing to settle, that's something that could be very telling in future litigation.
  • | Post Points: 65
Not Ranked
Posts 2
Points 25
Joined: Mar 2011
RHuitron replied on Wed, Jun 15 2011 5:01 AM

So, I screwed you, and you fought it. And so know that I am caught, I fess up, and pay. Now I turn around and screw other people because somebody totally has to pay me!

....Ahhhh, Business. How honorable.

  • | Post Points: 5
Top 150 Contributor
Posts 558
Points 5,105
Joined: Nov 2010
Location: Harker Heights

Dispite what it sounds like, Apple got exactly what they wanted out of this. They just wanted to license the patents (which are related to GSM) instead of entering a cross-licensing deal with Nokia. By the results, this is what they actually got. Access to these patents, without allowing Nokia access to theirs.

  • | Post Points: 20
Top 100 Contributor
Posts 997
Points 14,405
Joined: Nov 2009
Location: Ontario
Manduh replied on Wed, Jun 15 2011 10:20 AM

^ very smart and sneaky :S Good point.

  • | Post Points: 5
Top 200 Contributor
Posts 467
Points 3,710
Joined: Feb 2011

I have to give it to Apple they did start the whole smartphone craze.

Their ideas are brilliant and as Dave stated they are ahead as far as the app store and such. Making the I-pad hard to beat with so many more apps available.

Whatever money they are due, what can you say................. it must be paid.

  • | Post Points: 5
Top 50 Contributor
Posts 2,865
Points 29,645
Joined: Mar 2011
Location: United States, Connecticut

So what are the legal implications for this for Microsoft?

I agree with you InfinityeN1 Apple certainly got what they were looking for in this deal.

  • | Post Points: 5
Page 1 of 1 (6 items) | RSS