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Apple's Royalty Payments to Nokia Estimated at $608 Million Up Front, ~$138 Million Per Quarter
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Is this just me, or does it just sound not right that crucial things like that should even be patented. I don't know, that whole system seems to be just wrong.
I understand that unique add-on utilities, services and designs can and should be patented.. But for making a mobile phone work? Come on, this is 2011.
I understand that unique add-on utilities, services and designs can and should be patented.. But for making a mobile phone work? Come on, this is 2011.
Back when Nokia invested billions of dollars in GSM nobody knew what it would become. Nokia is now banking in on the R&D they performed, as they should or any company that invests in creating technology.
Like i said if it wasnt for Nokia there wouldnt be forums like this to bash nokia about there wouldnt be an iphone so yes apple stole from nokia but complains about everyone else takin from them maybe now the iphone can actually give us features that we need and want.
First - yes - things like this warrant patents (far more than other things). Other technologies could have been created - and were. It happens that Nokia was fundamental in bringing what many of the world consider "best of breed" - meaning GSM. That, of course, could be debated. Point is - that the patent is valid and I believe firmly justified.
I am dumber for having waded through this thread.
Even if Nokia's phone business is on the rocks, their mobile network business is going strong.
As many of you apparently don't know, the big refrigerator-sized computers that carriers use to run cell phone networks? Nokia is one of a couple of companies that make those.
There is a reason that they have been (up until very recently) the predominant presence in mobile phones. Motorola is another company that makes everything from dumbphones to network controllers and gateways.
While profitable, apple's entire business has been consumer electronic good except for a few forays here and there.
Even if Nokia's phone business is on the rocks, their mobile network business is going strong.
As many of you apparently don't know, the big refrigerator-sized computers that carriers use to run cell phone networks? Nokia is one of a couple of companies that make those.
There is a reason that they have been (up until very recently) the predominant presence in mobile phones. Motorola is another company that makes everything from dumbphones to network controllers and gateways.
While profitable, apple's entire business has been consumer electronic good except for a few forays here and there.
They can spend it without moving it to the U.S. where it becomes taxable.
Some foreign subsidiary could buy Nokia stock for them, and just leave Nokia in Finland (which is outside the U.S.)
Ok. Can I put one of those in my pocket?
Regardless of their behind-the-scenes, back-end presence, we're talking about their continued viability as a maker of consumer electronics. Losing (in the process of) that market was and is a huge blow. I'm sure at their shareholders meeting they're saying "hey, look at the bright side, we're still good in mobile networks!"
Might not go off too well.
Suffice it to say, you have absolutely no idea what you're talking about. Skimming engadget and gizmodo doesn't make you informed. Some of us have worked in the industry and actually have a clue.
Big people are talking. Listen up and you might learn something, junior.
Oh.. So since LTD can't put these back end systems in his pocket - Nokia is sunk. Great logic. You're back peddling. At least when I screwed up for not paying attention to the facts/new story I manned up. Isn't about time you did the same?
What happens to their consumer business? That's the point. Putting technology in consumers' hands and pockets. That's what's at stake here. its not for nothing they're in the position they're in now. I'm quite sure the last thing they would have ever considered 2-3 years ago was the near collapse of their smartphone business, their share value plunging from $40 to 6$, their loss of face in the market, and having to partner with MS in order to save their phone business.
But apart from all that they're doing superbly! Forget that even their CTO walked out on them. Forget that their outlook for next quarter is absolutely dismal. Forget that Nokia fired Olli-Pekka Kallasvuo because he was running the company into the ground.
Look at Nokia pre-iPhone. Now look at them post-iPhone. Notice any differences? It's those differences that are under discussion.
Are those "big refrigerator-sized computers that carriers use to run cell phone networks" going to put them back to $40/share? Are those going to make them competitive with Google and Apple? Are those going to put an amazing OS on great hardware into consumers' hands? Are those going to fix their consumer business? Are those going to change their lousy forecast for next quarter? Are those going to eliminate their reliance on Microsoft?
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Well to be fair, LTD - Nokia and Apple's stock price was pretty in sync (i.e running in parallel and based on the market) up until August on '09. Apple did, indeed shoot ahead and leave Nokia to greater stock decline but there are several factors besides the iPhone (alone) which contributed to Apple's stock climb.
Like I said - in the interest of fairness - since you like to talk about the big picture....
Attachments
You do realise that most Apps in JB arena are still using Apple's API's?
Ok mostly private ones that Apple haven't gotten around to completing to the point of making them public API's so they can then market that as Function. The burden of reliability on Apple Products is much higher than JB Hacks so they will always be faster to users.
I'm sure the developers of this went hunting the Private API's and Played the what do we think Apple will do with this game.
Wirelessly posted (Mozilla/5.0 (iPhone; U; CPU iPhone OS 4_3_3 like Mac OS X; en-us) AppleWebKit/533.17.9 (KHTML, like Gecko) Version/5.0.2 Mobile/8J2 Safari/6533.18.5)
You are exceedingly ignorant to think that apple wasn't prepared to pay a fair price for patents they hadn't been able to license at a fair price. They most certainly have not been caught with their pants Down over this. It's like taxes. They know they have to pay when it comes around so they didn't spend it. These are the smartest people in the world of business. Nothing is an accident for them. Ever.
juicedropsdeuce said:.
What a failure of management at Apple. They should have had their bases covered when they were designing the iPhone. Instead they took shortcuts and got called out on it.
You are exceedingly ignorant to think that apple wasn't prepared to pay a fair price for patents they hadn't been able to license at a fair price. They most certainly have not been caught with their pants Down over this. It's like taxes. They know they have to pay when it comes around so they didn't spend it. These are the smartest people in the world of business. Nothing is an accident for them. Ever.
Yeah and if it was reverse you can't tell me apple wouldn't go after them either.. What apple fanboys seem to miss is nokia has been making phone a lot longer than apple.
But like I said, if the whole thing was reversed people would be saying good for apple and I'm glad all these other companies have to pay.
James
After June 2007 I really couldn't tell.
I didn't miss it. It just didn't show.
And here we are today.
While iPhone is the top selling in this feature, you'll note that 3 of the other in the top 10 are by Nokia
http://www.dnewsglobal.com/10-selling-mobile-phones-february-2011/3230.html
And in 2010 - http://en.wikipedia.org/wiki/List_of_best-selling_mobile_phones
Not saying that list is definitive - Nokia faired well for units sold.
Does that make them the most profitable? No. But you can't deny their presence no matter how hard you try, LTD.
Honestly it's only right that nokia is defending their patents.. Any other company would and I'm willing to bet ANYTHING apple would be the first to do so also..
James
James
That would be censorship of any comment that doesn't salute the turtle-necked overlord.
samcraig made a reasonable, constructive criticism of another member's posts, without name-calling or other rule-breaking comments. Nothing for the moderators to complain about, IMO.