When the original iPhone was unveiled, the powers that be at Nokia immediately believed that Apple had infringed on its trademarks. The mobile phone maker, which is based out of Finland, filed suit against Apple in the year 2007. Since then, both sides have waged a silent war, but Nokia eventually came out victorious.
While the terms of the settlement cannot be disclosed, Apple will be paying Nokia royalties for each iPhone that has been sold. In related news, Apple is suing HTC for virtually the same thing – copyright infringement. There may be a chance that Nokia will go after HTC now that it has settled out of court with Apple. While Apple wants HTC to pay for stealing the design of the iPhone, Nokia’s lawsuit was based more on technology.
Nokia stock rose as news of its legal win broke. In essence, every company that designs and manufacturers an electronic device has the right to sell licenses to other companies, but when another product comes on the line that makes use of similar features, lawsuits are filed. Apple has been known to sue almost every other smart phone maker that introduces a line similar to the iPhone in any shape, way or form.
Now that Apple has one less legal headache to worry about, the company can start to focus on HTC as well as the release of future products. Apple, which recently announced its new iCloud service, is rumored to be hard at work on the iPhone 5.