Nokia wins rare victory as Apple settles legal row


By Tarmo Virki – Nokia notched up a rare victory against arch-rival Apple as the iPhone maker agreed to settle a long-running row over patents.

“It is clear that Apple will be the payer here, and the sums will be significant,” said Swedbank analyst Jari Honko.

Legal battles have become increasingly common in the cellphone industry since Apple and Google carved out a large chunk of the lucrative and quickly expanding smartphone market at the expense of older players. Nokia, which has said it will be more aggressive in licensing its patents, flagged further legal battles were ahead. more> http://is.gd/FO6Pzc

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