Apple didn't enter into patent licensing with Nokia.
Nokia makes this emphatically clear it's the other way around:http://press.nokia.com/2011/06/14/no...nt-with-apple/
Nokia enters into patent license agreement with AppleApple payments to Nokia settle all litigation and have positive financial impactNokia Corporation
Stock exchange release
June 14, 2011 at 08:05 (CET +1)Espoo, Finland - Nokia announced that it has signed a patent license agreement with Apple. The agreement will result in settlement of all patent litigation between the companies, including the withdrawal by Nokia and Apple of their respective complaints to the US International Trade Commission.
The financial structure of the agreement consists of a one-time payment payable by Apple and on-going royalties to be paid by Apple to Nokia for the term of the agreement. The specific terms of the contract are confidential.
"We are very pleased to have Apple join the growing number of Nokia licensees," said Stephen Elop, president and chief executive officer of Nokia. "This settlement demonstrates Nokia's industry leading patent portfolio and enables us to focus on further licensing opportunities in the mobile communications market."
During the last two decades, Nokia has invested approximately EUR 43 billion in research and development and built one of the wireless industry's strongest and broadest IPR portfolios, with over 10,000 patent families. Nokia is a world leader in the development of handheld device and mobile communications technologies, which is also demonstrated by Nokia's strong patent position.
This agreement is expected to have a positive financial impact on Nokia's recently revised outlook for the second quarter 2011 of around break-even non-IFRS operating margin for Devices & Services.
Nokia is committed to connecting people to what matters to them by combining advanced mobile technology with personalized services. More than 1.3 billion people connect to one another with a Nokia, from our most affordable voice-optimized mobile phones to advanced Internet-connected smartphones sold in virtually every market in the world. Through Ovi (www.ovi.com), people also enjoy access to maps and navigation on mobile, a rapidly expanding applications store, a growing catalog of digital music, free email and more. Nokia's NAVTEQ is a leader in comprehensive digital mapping and navigation services, and Nokia Siemens Networks is one of the leading providers of telecommunications infrastructure hardware, software and professional services globally.
If Nokia was in a strong position to win they would have pushed for damages and that would have been required on them to reveal the damages for full-disclosure.
It's not. Apple got what it wanted. It's now covered by the same patent pool at HTC, Motorola, etc and now Nokia's leverage of RF Patents is done.
Nokia's reference to a positive impact is not impressive. If it were a big impact they would have noted more than the mild language which will reflect in a flat stock trade day.http://www.google.com/finance?q=NYSE:NOK
Pre-Market NASDAQ trade has the stock up a whopping .25. It's at just over $6/share.
When Apple entered the Smartphone market Nokia was > $40 per share. It's now at $6.11 per share.
They are ripe for a spin off which Microsoft wants.
Apple will now expand on the offensive with HTC, Google's Android OS, Motorola and more. This will be fun when all the new IP Apple has been awarded for iOS 5 surfaces.
By the way in pre-market numbers Apple is up $2.60 per share.