On October 22, 2009
Apple: Their Way, No Matter What It Costs Them. Or Investors
The news that Nokia was suing Apple for patent infringement of its wireless technology was, frankly, surprising. And then when it became clear that Nokia probably only wanted about $200 million total, or 1 to 2 percent royalties, it seemed completely insane, as that is almost petty cash to Apple. But then it’s easy to understand if you remember that, for all its collective brilliance, Apple can be one of the most stupid companies in the tech industry, at least if you measure by having to dig its way out of unnecessary pain. In the cellular industry, the patent swaps and licensing are pretty well understood. Either you’ve done basic research and have some groundwork covered so you can force…
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