Apple and Nokia battle over patents
Nokia’s portfolio of wireless and smartphone related patents is causing big trouble for Apple, who recently agreed to pay Nokia a percentage of all iPads, iPhones, and iPods sold internationally. Nokia seems to be ramping up their intellectual property rights campaigns, and has added their chief legal counsel to the company’s board.
The one-time payments that Apple will have to pay Nokia could amount to up to $1.6 billion, 1% of Apple’s blended gross margin. Though Apple holds many patents themselves, Nokia has 5 times as many and holds them in “fundamental wireless innovations,” according to analysts. This could cause Apple to bid aggressively for Nokia rival Nortel’s patent portfolio, which is set to hit the auction block later this year and includes over 6,000 patents.
Nokia’s portfolio of wireless and smartphone related patents is causing big trouble for Apple, who recently agreed to pay Nokia a percentage of all iPads, iPhones, and iPods sold internationally. Nokia seems to be ramping up their intellectual property rights campaigns, and has added their chief legal counsel to the company’s board. The one-time payments that Apple will have to pay Nokia could amount to up to $1.6 billion, 1% of Apple’s blended gross margin. Though Apple holds many patents themselves, Nokia has 5 times as many and holds them in “fundamental wireless innovations,” according to analysts. This could cause...
Nokia’s portfolio of wireless and smartphone related patents is causing big trouble for Apple, who recently agreed to pay Nokia a percentage of all iPads, iPhones, and iPods sold internationally. Nokia seems to be ramping up their intellectual property rights campaigns, and has added their chief legal counsel to the company’s board.
The one-time payments that Apple will have to pay Nokia could amount to up to $1.6 billion, 1% of Apple’s blended gross margin. Though Apple holds many patents themselves, Nokia has 5 times as many and holds them in “fundamental wireless innovations,” according to analysts. This could cause Apple to bid aggressively for Nokia rival Nortel’s patent portfolio, which is set to hit the auction block later this year and includes over 6,000 patents.
