All Posts Tagged With: "apple"
Nokia’s recent filing with U.S. Securities and Exchange Commission revealed their CEO Stephen Elop took a 45 percent cut in his pay package last year. Elop earned 4.33 million euros ($5.63 million USD) in 2012, down from 7.94 million euros a year earlier.
Cult of Mac editor John Brownlee wrote he doesn’t need an iPhone anymore. He loves his new phone, the Nokia C3. He admitted that the C3 is a “pretty big step down from any iPhone,” and the device just sucks at Twitter, Facebook, browsing the web, and more. The reason he loves the Nokia C3 is that he does all of that stuff on his iPad. Point of the story? If you have an iPad, ditch the iPhone and get a cheap Nokia phone…
This is probably the first positive Nokia news I’ve seen in a while. Nokia just announced that Apple will be giving a one-time payment and on-going royalties due to a recently signed patent license agreement. The specific terms of the contract are confidential, but intellectual property expert, Florian Mueller, says that there’s serious money in this for Nokia.
Apple and Nokia will be facing off at the International Trade Commission this week to resolve a bitter dispute over smartphone patents. The commission has the power to ban imports of products found to infringe U.S. patents, but the most likely outcome is that the companies agree to end the litigation by licensing each other’s patents. Apple has been preparing for battle as Bloomberg reported today that Apple has hired several high-profile patent lawyers.
Steve Jobs mentioned Nokia during Apple’s fourth quarter results conference call. He said that Apple admires Nokia, but don’t aspire to be them. Nokia leads global cellphone sales with low-priced phones, but Steve said Apple wants to make the best devices. He added that Apple’s goal is to make breakthrough products and that they don’t know how to make great handsets at $50.