Nokia Sues Apple for $1 Billion



Lawsuit Against Apple iPhone for Infringing on 10 of the company’s Patent Technology

Analysts have now had a chance to crunch the numbers and estimate that Apple could face shelling out between $200 million and $1 billion to satisfy the suit if successful — and go on to say that Nokia has a pretty good case.

They note that the major existing players in the mobile industry (including Nokia, Motorola, Ericsson and Qualcomm) have a lot of intellectual property locked up already, making licensing costs a “significant barrier for late entrants” into the cellular space like Apple. Analyst Ben Wood was quoted as saying, “It is almost inconceivable that someone can produce a mobile phone without using Nokia patented technologies.”

Nokia says they’ve been attempting to work out a licensing deal with Apple for some time, but their offers have been continually rejected — leading to the suit they filed in a U.S. District Court yesterday.

Source: http://mashable.com/2009/10/23/nokia-apple-lawsuit-2/
 

What did you think of this article?




Trackbacks
  • Trackbacks are closed for this post.
Comments
  • No comments exist for this post.
Leave a comment

 Name

 Email (will not be published)

 Website

Your comment is 0 characters limited to 3000 characters.