Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterlyloss in decade!
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Apple users seem to always get all the neat stuff - a nice iPhone perk
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Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterlyloss in decade!
Almost a BILLION DOLLAR LOSS in just one quarter for Nokia http://www.engadget.com/2009/10/15/n...-slips-anothe/
Nokia posts $834 million quarterly loss, smartphone share down to 35%
from Engadget by Thomas Ricker
Nokia just posted a net loss of 559 million euro (834 million dollars)
for the third quarter -- its first quarterly loss in a decade
according to the AFP. The loss comes after a reported 20% drop in
sales and 1.17 billion euros in write-downs, mostly for impairment
charges on Nokia Siemens Networks. Nokia also said that its smartphone
market share dropped to 35% versus 41% in the previous quarter. With
fierce competition from Apple and RIM and Palm just launching its Pre
into Nokia's European stronghold, well, it's a good thing Nokia's
branching out into untapped markets like single-core Atom-based
netbooks.
--
Do you feel sorry for Nokia, if so skip the iPhone and make your next
smartphone purchase a Nokia!
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterly loss in decade!
"Apple users seem to always get all the neat stuff - a nice iPhone perk"
<vic.healey@gmail.com> wrote in message
news:464798a9-c6af-4175-848b-34f5471fce9a@g19g2000yqo.googlegroups.com...
> Almost a BILLION DOLLAR LOSS in just one quarter for Nokia
> http://www.engadget.com/2009/10/15/n...-slips-anothe/
> Nokia posts $834 million quarterly loss, smartphone share down to 35%
> from Engadget by Thomas Ricker
>
>
> Nokia just posted a net loss of 559 million euro (834 million dollars)
> for the third quarter -- its first quarterly loss in a decade
> according to the AFP. The loss comes after a reported 20% drop in
> sales and 1.17 billion euros in write-downs, mostly for impairment
> charges on Nokia Siemens Networks.
Yes, the one-time writedown is what caused the loss. Without that, they'd
have had a respectable near-billion dollar profit. I wouldn't shed any
tears for them just yet.
> Nokia also said that its smartphone
> market share dropped to 35% versus 41% in the previous quarter. With
> fierce competition from Apple and RIM and Palm just launching its Pre
> into Nokia's European stronghold, well, it's a good thing Nokia's
> branching out into untapped markets like single-core Atom-based
> netbooks.
>
> --
>
> Do you feel sorry for Nokia, if so skip the iPhone and make your next
> smartphone purchase a Nokia!
Quick riddle: guess who's name is on 38% of all the cellphones sold on the
entire planet Earth, Vic?
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterly loss in decade!
Apple users seem to always get all the neat stuff - a nice iPhone perk
<vic.healey@gmail.com> wrote in news:464798a9-c6af-4175-848b- 34f5471fce9a@g19g2000yqo.googlegroups.com:
> Do you feel sorry for Nokia, if so skip the iPhone and make your next
> smartphone purchase a Nokia!
>
>
I would not want a physical keyboard anymore. Thanks to speech
dictation and automation, nowadays I barely use a keyboard with my
personal computer. Software driven input is infinitely more
flexible.
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterly loss in decade!
Apple users seem to always get all the neat stuff - a nice iPhone perk
<vic.healey@gmail.com> wrote:
> Nokia just posted a net loss of 559 million euro (834 million dollars)
> for the third quarter -- its first quarterly loss in a decade
> according to the AFP. The loss comes after a reported 20% drop in
> sales and 1.17 billion euros in write-downs, mostly for impairment
> charges on Nokia Siemens Networks. Nokia also said that its smartphone
> market share dropped to 35% versus 41% in the previous quarter. With
> fierce competition from Apple and RIM and Palm just launching its Pre
> into Nokia's European stronghold, well, it's a good thing Nokia's
> branching out into untapped markets like single-core Atom-based
> netbooks.
>
> --
>
> Do you feel sorry for Nokia, if so skip the iPhone and make your next
> smartphone purchase a Nokia!
nokia is toast, i predicted this 2 years ago. they have no chance in the
handset market long term.
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterly loss in decade!
John Doe <jdoe@usenetlove.invalid> wrote in news:0053b502$0$32498$c3e8da3
@news.astraweb.com:
> Larry <noone@home.com> wrote:
>
>> http://www.youtube.com/watch?v=KHSKk...eature=related
>>
>> Not at all. Mine is on order....
>
> I would not want a physical keyboard anymore. Thanks to speech
> dictation and automation, nowadays I barely use a keyboard with my
> personal computer. Software driven input is infinitely more
> flexible.
>
We ARE talking about a battery powered, handheld, portable device that fits
in your pocket, right?
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterly loss in decade!
"Larry" <noone@home.com> wrote in message
news:Xns9CA614EF011C3noonehomecom@74.209.131.13...
>
> We ARE talking about a battery powered, handheld, portable device that
fits
> in your pocket, right?
WE are. You're usually spouting on about your ridiculous tablet that nobody
here gives a damn about. :-\
How can it do multi-tasking? Multi-tasking has not yet been invented.
And a 5Mp camera? How is that possible since 5Mp cameras for phones have
not yet been invented?
"We don't restrict the making of the applications in any way." Sounds
like a communist plot!
Seriously though, until they have end-user applications for
reading/writing Office documents, it won't a be a business tool and will
suffer the same lack of adoption by business as other phones that can't
do these PDA type tasks. I'm no fan of Windows Mobile, but at least they
approached it from the the angle of designing a system that is
compatible with much of what people do on their regular computers.
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - firstquarterly loss in decade!
On Thu, 15 Oct 2009, David Moyer posted:
> nokia is toast, i predicted this 2 years ago. they have no chance in the
> handset market long term.
Nokia will be around for many years after Apple is nothing but a memory.
Nokia has a wide-ranging product line. Apple is a one-trick wonder.
Apple will cease to exist within 10 years of Steve Jobs' death. His goose
is cooked; the liver transplant indicates that his pancreatic cancer has
metastasized. It won't be long now. No amount of happy talk is going to
change that.
With the Snake-Oil-Salesman-in-Chief gone, Apple will once again have to
compete on actual product specifications and quality. The experience of
20 years ago suggests that Apple will instead try to keep the "ooh shiny"
factor going with overpriced and underperforming products that appear
increasingly ludicrous in the market (Performa? AppleCD? Newton?), until
finally all but the most dedicated fanboys give up.
The sharks are circling. It isn't necessary for them to come up with a
better product; they just need something "good enough" and pounce on every
mistake. Microsoft mastered this in the 1990; Windows 95 was good enough
compared to the pre-OSX Mac OS, and they tore a chunk out of Apple at each
Apple misstep.
In the case of a smartphone, "good enough" is simply a phone that does the
necessary tasks and does so reliably. None of the current crop of
smartphones are reliable, including iPhone.
-- Mark --
http://panda.com/mrc
Democracy is two wolves and a sheep deciding what to eat for lunch.
Liberty is a well-armed sheep contesting the vote.
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - firstquarterly loss in decade!
On 2009-10-16, Larry <noone@home.com> wrote:
> Apple users seem to always get all the neat stuff - a nice iPhone perk
><vic.healey@gmail.com> wrote in news:464798a9-c6af-4175-848b-
> 34f5471fce9a@g19g2000yqo.googlegroups.com:
>
>> Do you feel sorry for Nokia, if so skip the iPhone and make your next
>> smartphone purchase a Nokia!
>>
>>
>
> http://www.youtube.com/watch?v=KHSKk...eature=related
>
> Not at all. Mine is on order....
Is the WCDMA band coverage on the one you ordered 900/1700/2100,
or is there another model?
And does this mean you are thinking about becoming a T-Mobile
customer?
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterlyloss in decade!
Mark Crispin wrote:
> On Thu, 15 Oct 2009, David Moyer posted:
>> nokia is toast, i predicted this 2 years ago. they have no chance in the
>> handset market long term.
>
> Nokia will be around for many years after Apple is nothing but a memory.
> Nokia has a wide-ranging product line. Apple is a one-trick wonder.
>
> Apple will cease to exist within 10 years of Steve Jobs' death. His
> goose is cooked; the liver transplant indicates that his pancreatic
> cancer has metastasized. It won't be long now. No amount of happy talk
> is going to change that.
>
> With the Snake-Oil-Salesman-in-Chief gone, Apple will once again have to
> compete on actual product specifications and quality. The experience of
> 20 years ago suggests that Apple will instead try to keep the "ooh
> shiny" factor going with overpriced and underperforming products that
> appear increasingly ludicrous in the market (Performa? AppleCD?
> Newton?), until finally all but the most dedicated fanboys give up.
Bring on The Wheel!
>
> The sharks are circling. It isn't necessary for them to come up with a
> better product; they just need something "good enough" and pounce on
> every mistake. Microsoft mastered this in the 1990; Windows 95 was good
> enough compared to the pre-OSX Mac OS, and they tore a chunk out of
> Apple at each Apple misstep.
>
> In the case of a smartphone, "good enough" is simply a phone that does
> the necessary tasks and does so reliably. None of the current crop of
> smartphones are reliable, including iPhone.
>
> -- Mark --
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterlyloss in decade!
Mark Crispin wrote:
> With the Snake-Oil-Salesman-in-Chief gone, Apple will once again have to
> compete on actual product specifications and quality.
In reality, Apple is one of the few consumer electronics company that
realizes that specifications are not the most important factor in
creating a top-selling consumer product. The user interface and ease of
use are more important, and people will pay a premium for them. They
have also not made the mistake of trying to make a consumer product into
a commercial product. "If only the iPhone could run do Office," etc. and
a thousand other excuses, are uttered by the anti-iPhone crowd, while
Apple continues to rack up sales from users that never wanted a phone
that could run business apps in the first place.
> In the case of a smartphone, "good enough" is simply a phone that does
> the necessary tasks and does so reliably. None of the current crop of
> smartphones are reliable, including iPhone.
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterly loss in decade!
Dennis Ferguson <dcferguson@pacbell.net> wrote in
news:slrnhdh7uo.4i.dcferguson@akit-ferguson.com:
> Is the WCDMA band coverage on the one you ordered 900/1700/2100,
> or is there another model?
>
> And does this mean you are thinking about becoming a T-Mobile
> customer?
>
> Dennis Ferguson
>
>
I'm not going to put it on the cell system. I have an
aircard/Cradlepoint tiny wifi router in my briefcase on unlimited
Cricket, which works great here for $40/mo. I'm only interested in the
600 Mhz upgrade to my Linux tablets and the new Maemo 5 features.
GPRS class A, multislot class 32, maximum speed 107/64.2 kbps (DL/UL)
EDGE class A, multislot class 32, maximum speed 296/177.6 kbps (DL/UL)
WCDMA 900/1700/2100. Maximum speed PS 384/384 kbps (DL/UL) HSPA
900/1700/2100. Maximum speed PS 10/2 Mbps (DL/UL) WLAN IEEE 802.11b/g
I'd bet the models delivered to the USA are frequency shifted to our
WCDMA bands on unhobbled models from outside the cellphone company.
These specs are for Europe.
Nokia's aim is to be able to use any carrier, not just GSM. I doubt
you'll see N900 with a one-carrier exclusive contact as they are already
taking orders with no carrier at all.....
Buying 5GB for $60/mo is just stupid. If I only had the N900, which I
don't, I could try to put it on Cricket, but the router goes everywhere
with me, even in my pocket at the mall walking around. I use my Netgear
Skype phone, Samsung NC10 netbook and Linux tablets with it, most times
multitasking. Cradlepoint CTR350 powers great from 4 NiMh cells in
series. My "pocket pack" is four 5AH "C" cells which will run any load
all day. Last month I used about 26GB. My old Z6m MotoROKR is now on
PagePlus Cellular, using the nationwide Verizon system. I don't use it
much, now that I'm retired, so just buy a $25 300min card every 2
months, making Verizon phone service really dirt cheap! It works
anywhere Verizon Prepaid does, which is everywhere in SC...even the
boonies.
I can't imagine Nokia shipping N900s to America on the European band.
It's just a firmware change.....
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - firstquarterly loss in decade!
On 2009-10-16, Larry <noone@home.com> wrote:
> * WCDMA 900/1700/2100 MHz
[...]
> I'd bet the models delivered to the USA are frequency shifted to our
> WCDMA bands on unhobbled models from outside the cellphone company.
> These specs are for Europe.
900 and 2100 are European/Asian bands, but 1700 is a US band. T-Mobile
runs their 3G network service there. It also has the US GSM bands, so
you aren't missing much.
> Nokia's aim is to be able to use any carrier, not just GSM. I doubt
> you'll see N900 with a one-carrier exclusive contact as they are already
> taking orders with no carrier at all.....
What is looks like to me is an unbranded GSM/3G smartphone. You
don't ever need to put a SIM in it, but you always have the option.
Any US GSM operator's SIM will work for voice, T-Mobile will work
for high speed data. It would also work nice for local phone
service if you ever take a vacation in Europe.
> I can't imagine Nokia shipping N900s to America on the European band.
> It's just a firmware change.....
No, WCDMA requires band-specific power amplifier hardware so changing
bands requires changing hardware. The band coverage they've got isn't
bad, though, the only thing in the whole country it wouldn't work with
is AT&T's 3G service, and if that's all you're missing you aren't
missing much....
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterly loss in decade!
SMS <scharf.steven@geemail.com> wrote in news:4ad86ef2$0$1622
$742ec2ed@news.sonic.net:
> Seriously though, until they have end-user applications for
> reading/writing Office documents, it won't a be a business tool and
will
> suffer the same lack of adoption by business as other phones that
can't
> do these PDA type tasks. I'm no fan of Windows Mobile, but at least
they
> approached it from the the angle of designing a system that is
> compatible with much of what people do on their regular computers.
>
>
The N800 is better for these huge apps than even the new box because of
its dual replaceable SDHC cards you can put 64GB online with two 32GB
cards. Being able to rapidly dismount, replace and remount the external
card by simply opening the door (magnetic sensor dismounts/remounts
card) makes the available app/data memory virtually limitless....
Plug in your favorite USB full keyboard using one of these USB adapters
that switch the port automatically to Host mode to make typing
easier....or just use any Bluetooth HID devices...keyboard, mouse,
drafting tablet, etc.
Just leave your office network hooked up to this: http://www.electronicproductonline.c...o.php?cPath=35
_67&products_id=2139&catPage=2
That'll give you direct connections to your Ethernet system, straight to
the tablet at USB V2.0 speed without the exposure of wifi/cellular to
load your documents/spreadsheets/databases, etc.
These aren't new. I've had Abiword on my N800 for a long time. We're
unsure of what the N900's port and capabilities are, yet, once you get
past the cool interface. We'll know more once the best hackers get root
access to see what it will do. It'll certainly be faster, but for
office apps that's not much of an issue.
http://www.youtube.com/watch?v=M_o36b7w-WQ&NR=1
You'll want the USB monitor connection to plug your USB video projector
into for the big sales presentation in Paris next month. There's
various ways to make the slide show and Gnumeric has the display for the
spreadsheet graphing. Looks cool in this presentation, doesn't it?
Maybe the board will want to see a video from the company. Here's an
N900 playing a 4Mbps DivX video on a 50" monster monitor out of its
video out jack. Looks pretty nice and plays quite smooth for a computer
that runs off a cellphone battery and fits in your shirt pocket.....
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - firstquarterly loss in decade!
On Fri, 16 Oct 2009, SMS posted:
> In reality, Apple is one of the few consumer electronics company that
> realizes that specifications are not the most important factor in creating a
> top-selling consumer product. The user interface and ease of use are more
> important, and people will pay a premium for them.
Yes, but the product has to work.
The pre-OSX Mac OS languished at for long years, smugly confident that it
was better than Windows, until Windows 95 came out. Windows 95 was about
as good as Mac OS, crashed less, and cost much less. People love to mock
Windows 95 and 98 on the blue screen of death, but they forget just how
often the pre-OSX Mac OS crashed. Remember OS 9, whose main selling point
was that it rebooted faster than its predecessors?
The same fate awaits the iPhone. Apple's competitors don't have to come
out with something better; they just need to come out with something that
is about as good, crashes less, and costs much less. Apple never, ever,
competes on price.
-- Mark --
http://panda.com/mrc
Democracy is two wolves and a sheep deciding what to eat for lunch.
Liberty is a well-armed sheep contesting the vote.
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterlyloss in decade!
Larry answered:
> Apple users seem to always get all the neat stuff - a nice iPhone perk
> <vic.healey@gmail.com> wrote in news:464798a9-c6af-4175-848b-
> 34f5471fce9a@g19g2000yqo.googlegroups.com:
>
>> Do you feel sorry for Nokia, if so skip the iPhone and make your next
>> smartphone purchase a Nokia!
>>
>>
>
> http://www.youtube.com/watch?v=KHSKk...eature=related
>
> Not at all. Mine is on order....
>
>
WHAT a piece of work. er shit..
most of us don't want ANYTHING to do with a buggy, bloated, piece of
crap OS like Linux
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterly loss indecade!
At 17 Oct 2009 23:22:31 +0000 Larry wrote:
> Jimbo Jones <tomthetauren@yahoo.com> wrote in
> news:dtidnaD2bfEHmkfXnZ2dnUVZ_uVi4p2d@giganews.com :
>
> > most of us don't want ANYTHING to do with a buggy, bloated, piece of
> > crap OS like Linux
> >
> >
>
> Is now a good time to remind you whatever internet connection you have
runs
> on a LINUX server?
>
> I guess not....
How is that applicable to a mobile device?
It's like saying my car should run on diesel because the truck that pulled
it to my dealer ran on diesel.
I've got nothing against a Linux-powered phone, in fact, I'm looking
forward to trying out the N900 if/when it shows up at T-Mobile, but to say
a phone should run Linux because my ISP's servers use it is kind of silly!
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterlyloss in decade!
> Apple users seem to always get all the neat stuff - a nice iPhone perk
> <vic.healey@gmail.com> wrote in news:464798a9-c6af-4175-848b-
> 34f5471fce9a@g19g2000yqo.googlegroups.com:
>
>> Do you feel sorry for Nokia, if so skip the iPhone and make your next
>> smartphone purchase a Nokia!
Finnish handset maker Nokia said Thursday it had filed a suit in a U.S.
district court against Apple, alleging that its iPhone infringes Nokia's
patents.
The 10 patents in the suit, filed with the Federal District Court in
Delaware, relate to technologies that Nokia says are fundamental to
making devices compatible with one or more mobile standards.
Nokia, the world's largest handset maker, said it has invested
approximately 40 billion euros in research and development but accused
Apple of failing to adequately compensate it.
Apple users seem to always get all the neat stuff - a nice iPhone perk
Guest
Posts: n/a
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - firstquarterly loss in decade!
On Oct 22, 11:39*am, News <N...@Group.Name> wrote:
> > Apple users seem to always get all the neat stuff - a nice iPhone perk
> > <vic.hea...@gmail.com> wrote in news:464798a9-c6af-4175-848b-
> > 34f5471fc...@g19g2000yqo.googlegroups.com:
>
> >> Do you feel sorry for Nokia, if so skip the iPhone and make your next
> >> smartphone purchase a Nokia!
>
> Finnish handset maker Nokia said Thursday it had filed a suit in a U.S.
> district court against Apple, alleging that its iPhone infringes Nokia's
> patents.
>
> The 10 patents in the suit, filed with the Federal District Court in
> Delaware, relate to technologies that Nokia says are fundamental to
> making devices compatible with one or more mobile standards.
>
> Nokia, the world's largest handset maker, said it has invested
> approximately 40 billion euros in research and development but accused
> Apple of failing to adequately compensate it.
>
> http://online.wsj.com?mod=djemalertTECH
It figures.
Nokia has the worse quarter ever, they only make crappy smartphones.
Apple has the best quarter ever, they make a single runaway hit -
iPhone which marked advances technology.
Nokia sues Apple for a pile of their loot.
Newspapers should sue Google for amalgamating the news for the masses
to access as newspapers had already invented the idea centuries ago.
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterlyloss in decade!
Apple users seem to always get all the neat stuff - a nice iPhone perk
wrote:
> On Oct 22, 11:39 am, News <N...@Group.Name> wrote:
>>> Apple users seem to always get all the neat stuff - a nice iPhone perk
>>> <vic.hea...@gmail.com> wrote in news:464798a9-c6af-4175-848b-
>>> 34f5471fc...@g19g2000yqo.googlegroups.com:
>>>> Do you feel sorry for Nokia, if so skip the iPhone and make your next
>>>> smartphone purchase a Nokia!
>> Finnish handset maker Nokia said Thursday it had filed a suit in a U.S.
>> district court against Apple, alleging that its iPhone infringes Nokia's
>> patents.
>>
>> The 10 patents in the suit, filed with the Federal District Court in
>> Delaware, relate to technologies that Nokia says are fundamental to
>> making devices compatible with one or more mobile standards.
>>
>> Nokia, the world's largest handset maker, said it has invested
>> approximately 40 billion euros in research and development but accused
>> Apple of failing to adequately compensate it.
>>
>> http://online.wsj.com?mod=djemalertTECH
>
> It figures.
>
> Nokia has the worse quarter ever, they only make crappy smartphones.
> Apple has the best quarter ever, they make a single runaway hit -
> iPhone which marked advances technology.
>
> Nokia sues Apple for a pile of their loot.
>
> Newspapers should sue Google for amalgamating the news for the masses
> to access as newspapers had already invented the idea centuries ago.
>
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - firstquarterly loss in decade!
On Oct 22, 8:39*am, News <N...@Group.Name> wrote:
> > Apple users seem to always get all the neat stuff - a nice iPhone perk
> > <vic.hea...@gmail.com> wrote in news:464798a9-c6af-4175-848b-
> > 34f5471fc...@g19g2000yqo.googlegroups.com:
>
> >> Do you feel sorry for Nokia, if so skip the iPhone and make your next
> >> smartphone purchase a Nokia!
>
> Finnish handset maker Nokia said Thursday it had filed a suit in a U.S.
> district court against Apple, alleging that its iPhone infringes Nokia's
> patents.
>
> The 10 patents in the suit, filed with the Federal District Court in
> Delaware, relate to technologies that Nokia says are fundamental to
> making devices compatible with one or more mobile standards.
Apple did the right thing financially; wait for the holders of the
patents that they allegedly violated to sue. In the mean time they've
delayed paying royalties and they'll end up settling with Nokia and
paying less than they otherwise would have had to pay.
You've got to look at Apple's history. They basically take existing
technology and ideas and create hot products that the patent holders
are too clueless to commercialize. They are fully aware that they will
be sued over the patents they violate. Eventually they have to pay
up, but they're able to get a better deal by waiting to be sued. If
they approached the patent holder in advance there would be all sorts
of ridiculous demands for per unit license fees. Now Apple can go to
Nokia and say 'we've got the best selling handset in the world, do you
want a long legal battle or do you want to settle for some reasonable
payments based on our huge volumes.
Re: Mighty Nokia's Sales Plunge partialy due to iPhone - first quarterlyloss in decade!
Jessie K Chou wrote:
> On Oct 22, 8:39 am, News <N...@Group.Name> wrote:
>>> Apple users seem to always get all the neat stuff - a nice iPhone perk
>>> <vic.hea...@gmail.com> wrote in news:464798a9-c6af-4175-848b-
>>> 34f5471fc...@g19g2000yqo.googlegroups.com:
>>>> Do you feel sorry for Nokia, if so skip the iPhone and make your next
>>>> smartphone purchase a Nokia!
>> Finnish handset maker Nokia said Thursday it had filed a suit in a U.S.
>> district court against Apple, alleging that its iPhone infringes Nokia's
>> patents.
>>
>> The 10 patents in the suit, filed with the Federal District Court in
>> Delaware, relate to technologies that Nokia says are fundamental to
>> making devices compatible with one or more mobile standards.
>
> Apple did the right thing financially; wait for the holders of the
> patents that they allegedly violated to sue. In the mean time they've
> delayed paying royalties and they'll end up settling with Nokia and
> paying less than they otherwise would have had to pay.
>
> You've got to look at Apple's history. They basically take existing
> technology and ideas and create hot products that the patent holders
> are too clueless to commercialize. They are fully aware that they will
> be sued over the patents they violate. Eventually they have to pay
> up, but they're able to get a better deal by waiting to be sued. If
> they approached the patent holder in advance there would be all sorts
> of ridiculous demands for per unit license fees. Now Apple can go to
> Nokia and say 'we've got the best selling handset in the world, do you
> want a long legal battle or do you want to settle for some reasonable
> payments based on our huge volumes.
>
>
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