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Nokia willing to sell patents if the price is right

By Shawn Knight · 7 replies
Jun 15, 2012
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  1. Nokia chief financial officer Timo Ihamuotila pointed out that his company would be willing to sell some of their patents if the price was right. The admission came during a conference call pertaining to a second-quarter profit warning and the…

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  2. I always thought the quality of Nokia hardware was top notch, but their software lacked... So I decided to bite the bullet and buy a Nokia Lumia 800 with windows phone 7.5. I have to say I'm not disappointed. So I dunno, but I think their new line of smartphones is pretty good.
  3. ansh1993

    ansh1993 TS Enthusiast Posts: 93

    Well the smart phone market is dominated by Samsung and Apple these days . Nokia is struggling in this cut throat competition ... Nokia had suffered a net loss of $1.2 billion in the first three months of the year, blaming tougher-than-expected competition in the smartphone market and just compare that to last years profit of $300 million . I guess Nokia undoubtedly, made good 'Feature phones' but not 'Smart phones' . And now selling of patents, I don't know whether that will be really good for Nokia in the long-run ...
  4. yorro

    yorro TS Booster Posts: 251

    Too bad the ecosystem is pretty bad, and with all these news about Nokia, the worst is coming. Nokia is in survival mode right now.
  5. Both Nokia and RIM should die because they would deserve to since they sat on their hands and failed/refused to innovate and thought that their once top position would be secure without them doing ANYTHING.
  6. Nokia should die, just because the deal they did with Microsoft. They should have let customers choose between WP7 and Android. That way they could have sold a lot of phones to people with WP7 and a lot more to Android users.
  7. Jibberish18

    Jibberish18 TS Evangelist Posts: 594   +58

    I see where you're coming from but there are SO MANY companies to choose from when selecting an Android phone, that it doesn't seem liked Nokia was a huge loss. Then again, not many companies can compare to their innovations and hardware. And if you're wondering, yes Nokia for many years had created phones and technologies that were way ahead of their time. Still amazes me sometimes.
  8. Europe and the USA are jacking off to the likes of Android and crApple for no apparent reason.

    Nokia and RIM are quite strong in other geos.

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