Post by robeiae on Feb 16, 2017 9:19:18 GMT -5
www.bbc.com/news/technology-38993343
When? In 2004?
Of course, because this isn't about intellectual property, it's about the cash. Blackberry stock was--once upon a time--trading at over $100 a share (it skied up to $230 in 2007). Now it's trading at around $7.50 a share. It's current market share is 0.2%. Nokia isn't all that different, trading at $5 a share now compared to $30 a decade ago, with no current market share in mobile devices, since it sold that division off when it almost went bankrupt a few years back.
Here are two fun graphics:
www.statista.com/statistics/263439/global-market-share-held-by-rim-smartphones/
www.statista.com/statistics/263438/market-share-held-by-nokia-smartphones-since-2007/
So what the hell is a Canadian company on its last legs doing, suing a Finnish company with no legs in US court?
Blackberry is suing Nokia over claims that the Finnish company has made use of nearly a dozen of its inventions without permission.
When? In 2004?
Blackberry is seeking payment, rather than trying to block Nokia's use of the 11 patents, according to court documents published by the news site Ars Technica.
Of course, because this isn't about intellectual property, it's about the cash. Blackberry stock was--once upon a time--trading at over $100 a share (it skied up to $230 in 2007). Now it's trading at around $7.50 a share. It's current market share is 0.2%. Nokia isn't all that different, trading at $5 a share now compared to $30 a decade ago, with no current market share in mobile devices, since it sold that division off when it almost went bankrupt a few years back.
Here are two fun graphics:
www.statista.com/statistics/263439/global-market-share-held-by-rim-smartphones/
www.statista.com/statistics/263438/market-share-held-by-nokia-smartphones-since-2007/
So what the hell is a Canadian company on its last legs doing, suing a Finnish company with no legs in US court?
