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Could Apple wind up paying Nokia $1B over iPhone patents?
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In the wake of Nokia's lawsuit against Apple last week, which claimed that Apple's iPhone infringes on 10 Nokia patents that span WCDMA, GSM and WiFi technologies, analysts are wondering: How much would Apple have to pay if it loses? Strategy Analytics analyst Neil Mawston told Reuters that Apple may have to pay Nokia between $200 million and $1 billion for the patents. It is entirely unclear how lawsuit, which was filed in Federal District Court in Delaware, will turn out. However, analysts said that Nokia might have a strong case since it is one of the wireless industry's key patent holders. Article
Comments
Posted by Anonymous | October 26, 2009 - 9:24pm
This $1 billion dollar figurebeing bandied about is ridiculous. I am a patent attorney, and trust me, that figure is not based on any proper understanding of the law or the complexities of litigation. Apple, as a US Company, holds an advantage right off the bat -- it is fighting a foreign corporation in front of an American judge and jury. And Apple will almost surely counter with its own allegations of Nokia's infringement of Apple patents. So Nokia, rather than holding all the cards, will likely have to settle for something substantially less than $1 billion. I suspect it will likely be in the $50 million range.
Posted by Anonymous | October 27, 2009 - 5:15am
$50 million? Where are you dude? Apple will cough hundreds of millions of dollars unless there is some cross-patent licensing agreements. Even RIM pays to Nokia.
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