Nokia receives over $615 million in licensing fees from Apple?

Nokia receives over $615 million in licensing fees from Apple?
Nokia's heartbreaking results yesterday might have toned down your expectations for the company, but a bit of sunshine broke through the clouds over Finland as now it's clear how much the company will get in licensing fees from Apple. Cupertino settled for an undisclosed amount in a patent lawsuit last month, and judging from Nokia's patent-related licensing earning for the quarter, the sum is $616 million (430 million euro).

It's not clear whether all of that comes from Apple, but it's likely that an overwhelming portion stems from Cupertino as there were no other huge settlements this quarter, while last trimester, for example, the Finns didn't file any earning in that category at all. Except for the one time lump sum, the California-based phone maker has agreed to pay royalties for some patents courtesy of Nokia.

Nokia has over 10,000 key wireless patents, some of which touch on the user interface and core features like multitasking, data syncing and positioning. With Symbian smartphone sales collapsing by 34 on the year to 16.7 million units, Nokia might well have to rely more on those royalties, at least until it rolls out the anticipated savior in the form of a Nokia Windows Phone at the end of the year.

source: Nokia (PDF)

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30 Comments

1. android_hitman unregistered

this is nothing for apple... they can afford to loose lawsuits and pay fees...

2. snowgator

Posts: 3616; Member since: Jan 19, 2011

Does anyone remember when 616 million was a lot of money?

10. box unregistered

I wouldn't mind getting $616 million.... I'd buy an island for everyone in my family, and have more than enough left over to build luxury homes on them

16. Cinnamon

Posts: 87; Member since: Jun 16, 2011

People like you don't care about the world.

3. Dion unregistered

That's what happens when you copy others.

4. The_Miz

Posts: 1496; Member since: Apr 06, 2011

How pathetic that Nokia has to resort to lawsuits because they're too stupid to try and be innovate and compete by offering quality products. In the long run, it's Nokia that will suffer, not Apple.

5. toottoot unregistered

right back atcha apple!!!

6. wassup

Posts: 565; Member since: Jun 23, 2011

How pathetic that Apple has to resort to lawsuits because they're too stupid to try and be innovate and compete by offering quality products. In the long run, it's Apple that will suffer, not Nokia

7. remixfa

Posts: 14605; Member since: Dec 19, 2008

like always your an idiot, miz. i bet your mom slaps you every morning for being so stupid.

8. snowgator

Posts: 3616; Member since: Jan 19, 2011

Being honest Miz, If this was "HTC" paying Apple- you would have been all over it. You just post to start arguments don'tchya?

21. BobbyTaba

Posts: 316; Member since: Aug 11, 2010

when ppl said apple should do this you had a bitch fit now ur saying the same for nokia. dumbass fanboy

30. The_Miz

Posts: 1496; Member since: Apr 06, 2011

There's a lot of ignorance below lol. Supposedly people defending this bs lawsuit.

9. Heatfan316 unregistered

Has over 10,000 patents thats just about everything,how does apple have any wireless patents, I think apple just makes s**t up.

13. 530gemini

Posts: 2198; Member since: Sep 09, 2010

@heatfan. Nah. I think you're the one who just makes s**t up :)

27. iHateCrapple

Posts: 734; Member since: Feb 12, 2010

I'm not up on patent or trademark law, but from what I understand it's similar to driving to a destination. Theres a bunch of different ways to get to the same place, just depends on which turns your take. Patents are similar in the sense that, yes products can do the same thing but their underlying method of how it does it is different. I'm not a big enough dork to thoroughly explain it the way that it should but all smartphones can sync your calendar and email, hook up to WiFi, and capture pictures, but their underlying "code" may be different. Kodak may "own" a certain way a picture is captured and then displayed on a screen. Apple may have come up with a different solution, or not... http://www.topnews.in/apple-sued-kodak-over-photo-patent-2251997 Kodaks way may just be a faster and more efficient way of doing the same thing.

11. Lwazi_N

Posts: 205; Member since: Jun 23, 2011

Wassup, you blind iSheep- it's OK when Apple sues other manufacturers but not when Apple are being sued... Owkaayy...

12. Lwazi_N

Posts: 205; Member since: Jun 23, 2011

Ok, Wassup, misread your post... I agree with you. I really like it when Apple are being sued because they wanna sue everyone- instead of competing fairly by innovation, as you noted, they want to go to courts. The HTC saga is a good example- Apple want to ban HTC products from entering the US. How desperate is that...

14. 530gemini

Posts: 2198; Member since: Sep 09, 2010

@lwazi. You like it when Apple gets sued, but you don't like it when Apple sues? Wow, thanks for making it clear to all of us that you're a jerk :)

18. iPoop

Posts: 58; Member since: Jul 21, 2011

lol i'm not an iSheep :P im a WP7 AND DROID fan :D

20. zuno gyakusatsu

Posts: 257; Member since: Mar 16, 2010

in other words, your an idiot. gotcha.

22. iPoop

Posts: 58; Member since: Jul 21, 2011

in other words, i'm not a sheep. gotcha, no go bleat of jobbs d**k

24. zuno gyakusatsu

Posts: 257; Member since: Mar 16, 2010

english please? idiot...

25. iPoop

Posts: 58; Member since: Jul 21, 2011

i am speaking english u iSheep!

15. kaka unregistered

i though apple sued nokia but apple got found out and they had to pay nokia instead...

17. gallitoking

Posts: 4721; Member since: May 17, 2011

they get al that in licensing fees from Apple and other and still report bad numbers... wow...makes my 45,000 I make per year seems worthless,,

19. ArmageddonX

Posts: 96; Member since: May 11, 2011

Looks like Apple is getting a taste of their own medicine.

23. taco50

Posts: 5506; Member since: Oct 08, 2009

I wonder if the fandroid trolls are outraged that Nokia is suing people to protect the IP?

28. remixfa

Posts: 14605; Member since: Dec 19, 2008

as always, your an idiot and behind. nokia already sued and won. thats just what nokia got this year from them. There is a difference between suing to protect patents and suing over similar icon coloring which isnt pattented. Apple sues to protect marketshare, not IP.

26. vvelez5

Posts: 623; Member since: Jan 29, 2011

Now since Nokia has the money it deserves lets see what these two titans can come up with now. Hopefully we won't hear from lawsuits for a while but hear more about innovation.

29. kov unregistered

seems that the success of Apple, is built on the back of Nokia

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