Friday, October 23, 2009

Nokia Sues Apple Over iPhone - WSJ.com

Maybe they just wanted to remind people that Nokia makes smartphones…

Still, Apple has rapidly gained market s hare in the segment from a standing start. In the second quarter, its smart-phone market share had risen to 13.3% against Nokia's 45%, compared to Apple's 3% market share just a year earlier when Nokia had 47%, according to recent figures from research firm Gartner Inc.

And Apple has been doing much better than Nokia in the U.S. market. Nokia's share of the U.S. smart-phone shipments in the first half of 2009 was 3%, compared to Apple's 22% in the first half of 2009, according to the research firm IDC.

Nokia doesn't disclose licensing revenue, but Edward Snyder, an industry analyst at San Francisco-based Charter Equity Research, said it is likely to be so small that it is immaterial to the company's annual revenue. He added any licensing fees are unlikely to be a significant blow to Apple, which had $34 billion in cash at the end of its September quarter.

Nokia Sues Apple Over iPhone - WSJ.com

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