“The International Trade Commission is expected this afternoon to rule on whether Apple and Research in Motion infringed by their mobile devices on patents that Eastman Kodak holds for previewing of images, after an ITC judge in March said instructed the commission to review an earlier rejection of Kodak’s claims,” Tiernan Ray blogs for Barron’s.
“‘The ITC rule in Kodak’s favor, we estimate RIM may settle for $450-550M and Apple may settle for $450-550M,’ …RBC Capital’s Mike Abramsky notes in a letter to clients… ‘The possible settlement equates to 17% of RIM’s $2.9B cash and 1% of Apple’s $66B cash.'” Ray reports. “I should point out that Abramsky says the ruling’s outcome is ‘unpredictable,’ so, I don’t think that he’s making a judgment as to which way the matter will come out tonight.”
Read more in the full article here.
FOSS Patent’s Florian Mueller discusses aspects of this dispute ahead of the decision, which is expected to be announced at 5pm EDT, here.
Related articles:
U.S. ITC judge rules against Apple in Kodak patent infringement case – May 12, 2011
Kodak wins round as ITC to review $1 billion Apple, RIM patent dispute – March 26, 2011
U.S. ITC ruling derails Kodak’s quest for royalties from Apple, RIM – January 24, 2011
Apple files patent infringement lawsuit against Kodak – April 19, 2010
U.S. ITC to probe Apple iPhones, RIM Blackberries after Kodak alleges patent infringement – February 17, 2010
Kodak sues Apple and RIM over image preview patents – January 14, 2010