Nokia Sues Apple (Iphone)
Posted on 23. Oct, 2009 by Robert in Business
Nokia, the largest celphone company in the world and definitely the leader in the market has sued Apple in regards to their Iphone. Apple (Iphone) has infringed on several patent infringements. Apple has sold more than 30 million Iphones to date, and with a license fee to nokia (maybe a few dollars per phone) it has added up to quite a bit.
here is a exerpt from the Mail and Gardian:
Nokia, the world’s largest cellphone manufacturer, is suing Apple in a US court, alleging the iPhone infringes 10 of its wireless patents, in a move that could cost the Californian technology firm tens of millions of dollars.
The two companies have been locked in talks to agree a licensing deal that would see Nokia receive payments for the technology it has developed, which has become an industry-wide standard. Talks, however, failed to reach a settlement and Nokia has started legal proceedings, which are unlikely to enter court until the end of 2011.
A Nokia spokesperson said that Apple would be able to continue developing the iPhone and shipping existing models, even though the company alleges that every device breaches its patents.
I’m not sure what will happen between these to Giant companies, I know that Apple will be set back by a few dollars, and it will hurt them.
will this mean that the prices of Iphones come down? will Apple have to make their money back by selling the Iphone for more? I hope they will get cheaper.
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