Blackberry has to pay Nokia royalties for their phone sales, which will appear this quarter. This will boost Q1 numbers for Nokia a bit. If you own bbry you should own Nok as well for this reason. This is the type of stuff they should be talking about on CNBC
RIM Loses Patent Dispute With Nokia, Must Pay Royalties
BlackBerry maker not permitted to lodge an appeal.
Following Nokia's request to have BlackBerry handsets banned, a judge has ruled that RIM owes the former license fees for every Wi-Fi enabled smartphone it sold.
An arbitration proceeding sought to extend a 2003 patent deal between the two financially struggling companies to include devices with Wi-Fi support. Ultimately, the ruling favored Nokia.
"RIM is liable to pay royalties and damages to Nokia for its ... sales of any subscriber terminals (handsets or tablets) ... compatible with the WLAN standard," the ruling stated. "RIM has not contested that it manufactures and sells products using WLAN in accordance with Nokia's WLAN patents."
The ruling itself can't be appealed; "RIM has only one choice now - to license Nokia's patents," Poltorak said. "It should be a quick process. No substantive issue will be re-litigated. The U.S. court merely needs to enforce the verdict of the Swedish arbitration tribunal.