Too big a bite?
Apple faces the possibility of having to pay Nokia up to $1 billion for the technologies used in iPhones sold so far if it loses a lawsuit brought by Nokia, analysts said.
Apple faces the possibility of having to pay Nokia up to $1 billion for the technologies used in iPhones sold so far if it loses a lawsuit brought by Nokia, analysts said.
Nokia filed the suit in the United States a couple of weeks ago, saying Apple had infringed 10 patents in technologies like wireless data transfer, a key factor in the success of iPhone, and accusing Apple of trying to hitch a "free ride" on Nokia's technology investment.
Apple, a latecomer to the cellphone industry, has won 15 per cent share of the smartphone market but it has limited intellectual property assets compared with rivals, when all vendors work under cross-licensing agreements.
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