Last week, Nokia made headlines when it sued Apple over what it claims are infringing iPhone technologies which relate to wireless connectivity, security, and speech coding. Nokia claims that Apple is infringing upon 10 Nokia patents in total, and according to Piper Jaffray analyst Gene Munster, Nokia is looking to collect 1-2% in royalties on each iPhone sold, a figure which would have Apple owing Nokia anywhere between $200 and $400 million for past iPhone sales.
Apple and Nokia had reportedly been discussing the above-mentioned patent dispute for over a year before Nokia finally took legal action. It’s still too early to tell how strong NOkia’s legal case actually is, but you can rest assured that Apple won’t be taking this lying down.
In its form 10-k annual report which was filed yesterday, Apple wrote that it “intends to defend the case vigorously.” Now dems’ sounds like fighting words to me.
Tue, Oct 27, 2009
Legal, News