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The ITC did have a new brief. I did not read the new briefs. At the time (in June), I hoped a decision would come very soon to avoid that effort. Still hoping...
The original IDCC redacted brief was different in format and paging than the new redacted IDCC brief. I did not compare the NOK and ITC briefs. My thought was if the format and paging changed, what was possibly changed in the content by any of the parties in their respective new briefs.
I was there in the court room a year ago. Judge Newman asked for some of the redactions to be removed from the briefs. I believe the new briefs were submitted by late January 2011. A few months ago I visited the CAFC clerk's office to view the new less-redacted brief for IDCC. I found that the original brief filed by IDCC before the oral hearing was no longer in the case file. I found a new version of the redacted IDCC brief and a new less-redacted version of the IDCC brief. The same was true for both the NOK and ITC briefs.
IMO, after the oral hearing based upon the original briefs filed before the Jan 2011 oral hearing, the CAFC judges now have 6 new briefs to review before issuing the CAFC decision.
January 13, 2012 USITC INSTITUTES SECTION 337 INVESTIGATION ON CERTAIN PORTABLE COMMUNICATION DEVICES
http://www.usitc.gov/press_room/news_release/2012/er0113kk2.htm
January 13, 2012
News Release 12-007
Inv. No. 337-TA-827
Contact: Peg O'Laughlin, 202-205-1819
USITC INSTITUTES SECTION 337 INVESTIGATION ON CERTAIN PORTABLE COMMUNICATION DEVICES
The U.S. International Trade Commission (USITC) has voted to institute an investigation of certain portable communication devices. The products at issue in this investigation are cellular phones, tablet computers, and other such devices.
The investigation is based on an amended complaint filed by Digitude Innovations, LLC, of Alexandria, VA, on December 16, 2011. The complaint alleges violations of section 337 of the Tariff Act of 1930 in the importation into the United States and sale of certain portable communication devices that infringe patents asserted by Digitude Innovations. The complainant requests that the USITC issue an exclusion order and a cease and desist order.
The USITC has identified the following as respondents in this investigation:
Research in Motion Ltd. of Canada;
Research in Motion Corp. of Irving, TX;
HTC Corporation of Taiwan;
HTC America, Inc., of Bellevue, WA;
LG Electronics, Inc., of South Korea;
LG Electronics U.S.A., Inc., of Englewood Cliffs, NJ;
LG Electronics MobileComm U.S.A., Inc., of San Diego, CA;
Motorola Mobility Holdings, Inc., of Libertyville, IL;
Samsung Electronics Co., Ltd., of South Korea;
Samsung Electronics America, Inc., of Ridgefield Park, NJ;
Samsung Telecommunications America, LLC, of Richardson, TX;
Sony Corporation of Japan;
Sony Corporation of America of New York, NY;
Sony Electroincs, Inc., of San Diego, CA;
Sony Ericsson Mobile Communications AB of Sweden;
Sony Ericsson Mobile Communications (USA) Inc. of Research Triangle Park, NC;
Amazon.com, Inc., of Seattle, WA;
Nokia Corporation of Finland;
Nokia Inc. of Irving, TX;
Pantech & Curitel Communication, Inc. of South Korea; and
Pantech Wireless Inc. of Atlanta, GA.
By instituting this investigation (337-TA-827), the USITC has not yet made any decision on the merits of the case. The USITC's Chief Administrative Law Judge will assign the case to one of the USITC's six administrative law judges (ALJ), who will schedule and hold an evidentiary hearing. The ALJ will make an initial determination as to whether there is a violation of section 337; that initial determination is subject to review by the Commission.
The USITC will make a final determination in the investigation at the earliest practicable time. Within 45 days after institution of the investigation, the USITC will set a target date for completing the investigation. USITC remedial orders in section 337 cases are effective when issued and become final 60 days after issuance unless disapproved for policy reasons by the U.S. Trade Representative within that 60-day period.
Net income: $26.2 million, $0.57 per diluted share
Press Release Source: InterDigital, Inc. On Wednesday October 26, 2011, 6:09 pm
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- InterDigital, Inc. (NASDAQ:IDCC - News) today announced results for the third quarter ended September 30, 2011.
Highlights for third quarter 2011:
• Revenue of $76.5 million
• Net income of $26.2 million, or $0.57 per diluted share
• Ending cash and short-term investments totaling $690.6 million.
http://finance.yahoo.com/news/InterDigital-Announces-Third-bw-1393337548.html?x=0&.v=1
I personally visited the CAFC Clerks Office in Wash DC earlier this week. I asked to see the 2010-1093 case file for the IDCC appeal of the ITC decision with NOK listed as an intervenor.
There has NOT been any additional filings, motions or letters to the court, by one, any, or all parties regarding this case. The last filings by each party were the replacement briefs, a new original redacted version to replace the original filing and a replacement less-redacted version, as reqested by the court at the January oral hearing.
The CAFC clerk told me any such request by the parties for the court to hold its decision would have to be in writing and a copy of the request/letter would have been included in the case file.
Yes it appears it came out about the same time of the DR release
Has anyone seen this article? Sorry if already posted.
http://wallstcheatsheet.com/stocks/5-technology-stocks-investors-are-dumping-xrx-adi-aph-pbi-idcc.html/
5 Technology Stocks Investors are Dumping: XRX, ADI, APH, PBI, IDCC
By Wall St. Cheat Sheet
October 11 2011
Through most of the trading day on Tuesday, October 11, 2011, these stocks are bringing down the Technology (NYSE:XLK) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.
Xerox Corporation (NYSE:XRX) is one of the sector losers in price. Its shares are trading at $7.40, down 9 cents (-1%) from the previous close of $7.48. Xerox engages in the development, manufacturing, marketing, services and finance of document equipment, software, solutions and services worldwide.
Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $2.84 (-28.4%) from $10.01 to $7.17. The stock price saw one of its best stretches over the last year between June 15, 2011 and June 23, 2011 when shares rose for seven straight trading days, rising 4.5% (+43 cents). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 14.4% (-$1.47).
Analog Devices Inc. (NYSE:ADI) is among the price losers in the sector as its stock price is $34.59, down 36 cents (-1.1%) from the previous close of $34.97. Analog Devices designs, manufactures, and markets analog, mixed-signal, and digital signal processing integrated circuits used in industrial, communication, computer, and consumer applications.
Stock Price Performance: From August 12, 2011, to October 10, 2011, the stock price had risen $3.72 (11.9%) from $31.25 to $34.97. The stock price saw one of its best stretches over the last year between October 26, 2010 and November 4, 2010 when shares rose for eight straight trading days, rising 11.4% (+$3.55). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 11.8% (-$4.69).
Amphenol Corporation (NYSE:APH) is among the price losers in the sector. Its shares are trading at $42.99, which is $1.14 (-2.3%) below the previous close of $44. Amphenol designs and produces electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable.
Stock Price Performance: From July 14, 2011, to October 7, 2011, the stock price had fallen $7.98 (-15.8%) from $50.37 to $42.39. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six straight trading days, rising 7.9% (+$4.03). It saw one of its worst periods between February 11, 2011 and February 23, 2011 when shares fell for eight straight trading days, falling 3.6% (-$2.08).
Pitney Bowes Inc. (NYSE:PBI) stocks are trading at $19.90. This is 19 cents (-0.9%) below the previous close of $20.09, making the company one of the biggest price losers in the sector today. Pitney Bowes provides mail processing equipment and integrated mail solutions, including postage meters and office supplies.
Stock Price Performance: From July 15, 2011, to October 10, 2011, the stock price had fallen $1.62 (-7.5%) from $21.71 to $20.09. The stock price saw one of its best stretches over the last year between December 3, 2010 and December 20, 2010 when shares rose for 12 straight trading days, rising 8.5% (+$1.83). It saw one of its worst periods between August 15, 2011 and August 22, 2011 when shares fell for six straight trading days, falling 6.8% (-$1.33).
Shares of InterDigital, Inc. (NASDAQ:IDCC) are trading at $47.30, down $1.62 (-3.2%) from the previous close of $48.88. InterDigital designs and develops advanced digital wireless technology solutions.
Stock Price Performance: From August 12, 2011, to October 10, 2011, the stock price had fallen $26.68 (-35.3%) from $75.56 to $48.88. The stock price saw one of its best stretches over the last year between October 19, 2010 and October 29, 2010 when shares rose for nine straight trading days, rising 14.4% (+$4.19). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 18.2% (-$7.78).
Columbus Day is a U.S. Federal Gov't holiday.
http://www.opm.gov/operating_status_schedules/fedhol/2011.asp
Amazon's Tablet Could Take Bite Out of Apple
http://www.foxnews.com/
Analysts say a $250 tablet could threaten iPad's domination, and Apple may have already trimmed forecasts
VIDEO: Could Secret Tablet Be iPad-Killer?
http://video.foxnews.com/v/1140906855001/competition-for-the-ipad
Courtesy of Magilla on the AtomicBob board.
Press Release Source: MOSAID Technologies Inc. On Thursday September 1, 2011, 7:00 am EDT
http://finance.yahoo.com/news/MOSAID-Acquires-1200-Nokia-ccn-3577026548.html?x=0&;.v=1
Check out the author's comments about NOK in his board postings. The author may not own the stock but does promote it.
http://my.fool.com/profile/TMFGrgurich/activity.aspx
But the stock has been recovering quite nicely at the end of the day...
And it goes away quickly too...
Up $1.13 at or near the open...that's interesting...
IN THE KOREAN PRESS
According to an industry analyst, Samsung Electronics is pondering a bid for U.S. software company Interdigital Inc
. Samsung has denied the speculation.
http://www.reuters.com/article/2011/08/18/idUSL3E7JI4HD20110818?feedType=RSS&feedName=technologySector&rpc=43
THE TRUTH ABOUT THE GOOGLE-MOTOROLA DEAL: Google Had To Do It–And It Could End Up Being A Disaster
http://finance.yahoo.com/blogs/daily-ticker/truth-google-motorola-deal-google-had-could-end-132647977.html
Provided by Business Insider:
A very interesting move by Google this morning, buying handset hardware maker Motorola for $12.5 billion.
But let's be real: This deal could end up being a disaster.
How?
Well, let's have a look at the host of questions and challenges the deal raises, starting with this one:
How do HTC and Samsung, two of the leading Android-based smartphone makers, think about the fact that their "partner" Google is now competing directly with them for hardware sales?
And we mean, how do they really feel, internally, not "what are they saying in public?" (The quotes Google has assembled from HTC, LG, et al, all appear to have been written by the same PR person--note the similarity in the language.)
The only reason Android (and Google) have any share of the mobile game, after all, is because hardware makers like HTC and Samsung adopted Google's software platform. And now Google is stabbing them in the back.
By now, it's probably too late for Samsung and HTC to switch to another platform, so they'll have to smile and make the best of it. But still... having your software "partner" suddenly fire a missile down your throat can't feel too good.
And if Google-owned Motorola starts to gain share in the hardware business, the feeling (and tension) will only get worse.
Second, is this an acknowledgment that, in smartphones, Apple's integrated hardware-software solution is superior to the PC model of a common software platform crossing all hardware providers?
It certainly appears to be.
Android's biggest weakness thus far has been its fragmentation: The combination of many different versions, plus many different customizations by different hardware providers, has rendered it a common platform in name only. To gain the full power of "ubiquity"--the strategy that Microsoft used to clobber Apple and everyone else in the PC era--Google needs to unify Android. And perhaps owning a hardware company is the only way to do that.
Third, how is Microsoft feeling? Is this a great deal for them...or confirmation that they're screwed?
So Google investors are smart to be worried.
Yes, there's a chance that Google could pull off a miracle here and transform the Motorola Mobility business into a direct competitor of Apple's--in which Google gets not only Android distribution, but super-fat iPhone-like profit margins to boot.
But doing that will be super-challenging. Motorola's current hardware team has displayed none of the magic that Apple's has. And the more Google tries to mimic that magic, the more Google's other Android partners will likely rebel against Google's competitive threat.
Far more likely, Google will just continue Motorola's mediocre also-ran status in the handset business, thus adding a big, crappy commodity hardware business to its glorious monopoly software business in search. And that won't make investors happy.
Bottom line, a bold move by Google. But one that raises a lot more questions and challenges than answers.
Thanks for the link. eom
Squinge, just to clarify the web page I am looking at indicates the opinions were released or updated on August 10. Would this be the current status as of August 11, 2011 at 11:00 a.m.?
Are the CAFC opinions posted on the website a day behind the current day?
Thank postyle. eom.
That is not to say that the preparation was already done awaiting the outcome of the CFAC decision. Since NOK filed the appeal, then why not appear equally aggresive. IMO
Was IDCC's ITC filing their response to NOK's filing of appeal? Both filed on the same day. IMO, just keeping pressure on NOK in the absence of the CAFC ruling.
InterDigital Files Complaint Against Nokia, Huawei and ZTE With International Trade Commission
http://finance.yahoo.com/news/InterDigital-Files-Complaint-bw-2854985980.html?x=0&.v=1
IMO..Lets also not forget the fact that the success of Apple's i-Phone and Google's Android OS has created a whole new market paradigm. The Nortel patent sale merely establhised a value for this new dynamic. Had both Apple and Google been unsuccessful in their entry into the wireless world, I believe the Nortel patents would have been sold in the 100's of millions and it would still be all about NOK.
Thank you Apple and Google for breaking that seemingly stranglehold on the wireless market.
I hope to enjoy a buy as much or more as they enjoy a sale!!
What is it with these negative headlines....
InterDigital Q2 Profit Plunges - Quick Facts
(RTTNews) - InterDigital Inc. (IDCC: News ), Wednesday reported second-quarter net income of $17.2 million or $0.37 per share, compared to $35.0 million or $0.78 per share in second quarter last year.
On average, three analysts polled by Thomson Reuters expected earnings of $0.36 per share for the quarter. Analysts' estimates typically exclude one-time items.
Total revenue for the quarter declined 23 percent to $69.9 million from $91.2 million last year. Analysts estimated revenues of $69.24 million for the quarter.
Click here to receive FREE breaking news email alerts for INTERDIGITAL INC and others in your portfolio
by RTT Staff Writer
http://www.rttnews.com/Content/QuickFacts.aspx?Id=1676024&SM=1
6:03PM Interdigital Comm misses by $0.05, misses on revs; co cancels conf. call, guidance following the announcement that the Board of Directors has initiated a process to explore and evaluate potential strategic alternatives (IDCC) 69.77 -4.24 : Reports Q2 (Jun) earnings of $0.37 per share, $0.05 worse than the Capital IQ Consensus Estimate of $0.42; revenues fell 23.4% year/year to $69.9 mln vs the $72.4 mln consensus. Due to the co's announcement that the Board of Directors has initiated a process to explore and evaluate potential strategic alternatives, the co is suspending regular quarterly conf calls, including the co's previously announced call scheduled for Thursday, July 28, 2011 at 10:00 am ET, and financial guidance until further notice.
http://finance.yahoo.com/marketupdate/inplay
The point is it cost NOK $500,000. The same point IDCC wants NOK to license their patents; that is, pay for the IDCC resources/IP that NOK uses at IDCC expense.
9 Under the Radar Stocks That Saw Buying on Friday
July 4, 2011 | about: AZZ, CAMP, CBK, IDCC, OSK, QTWW, RPI, SWHC, ZGNX
InterDigital (IDCC) closed up 15.0% after a strong wireless patent auction for Nortel forced investors to reevaluate the value of InterDigital's patent portfolio. Nortel Networks (NRTLQ.PK) announced that it concluded a successful auction of all of Nortel’s remaining patents and patent applications. After a multi-day auction, a consortium emerged as the winning bidder with a cash purchase price of $4.5 billion. The sale includes more than 6,000 patents and patent applications spanning wireless, wireless 4G, data networking, optical, voice, internet, service provider, semiconductors and other patents. InterDigital holds approximately 8,800 U.S. and foreign issued patents combined. In addition, it has almost 10,000 patent applications in process around the world.
http://seekingalpha.com/article/277786-9-under-the-radar-stocks-that-saw-buying-on-friday?source=yahoo
Research Report on InterDigital, Inc. and Xilinx, Inc. - Future Innovations Create Growth Opportunities
Press Release Source: Equity Markets Inc On Tuesday July 5, 2011, 9:00 am
MACAU--(Marketwire - 07/05/11) - Today, www.EquityMarketsInc.com announced its research report highlighting InterDigital, Inc. (NASDAQ:IDCC - News) and Xilinx, Inc. (NASDAQ:XLNX - News). Full content and research is available at www.EquityMarketsInc.com/research.php.
Growth within technology industry equities has been 28.7% for the past year, and expectations are looking forward at 7.4% growth for the industry in 2011. With the hope of the global economy recovering and the GDP looking forward to economic fundamental growth, this sector proves promising. Worldwide communication networks are growing exponentially, at the hands of both consumer demand and growing commercial requirements. Much of today's internet infrastructure relies on back-bone providers and holders of fiber and cable networks throughout the major continents and satellite communications. This past quarter has seen investors turn to communication companies with established markets at value prices.
Equity Markets has reviewed InterDigital, Inc. as its various subsidiaries are engaged in technology research and development activities or in the prosecution, maintenance, enforcement, and licensing of patents. InterDigital provides advanced technologies that enable wireless communications. The Company is a contributor of intellectual property to the wireless communications industry and holds through wholly owned subsidiaries a portfolio of approximately 1,300 Unites States and approximately 7,500 non-United States patents related to the fundamental technologies that enable wireless communications. The full research report on InterDigital, Inc. (NASDAQ:IDCC - News) is available here: www.EquityMarketsInc.com/researchfile4634.php.
Equity Markets is covering Xilinx, Inc. as it designs, develops and markets programmable platforms. These programmable platforms have components, which includes integrated circuits (ICs) in the form of programmable logic devices (PLDs), including Extensible Processing Platforms (EPPs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx and various third-party verification and IP cores. In January 2011, the Company acquired AutoESL Design Technologies, Inc. The full research report on Xilinx, Inc. (NASDAQ:XLNX - News) is available here: www.EquityMarketsInc.com/researchfile4891.php.
About Equity Markets
Our mission at Equity Markets is to be the best source of content and research, while educating, enlightening and informing investors. Equity Markets combines street smart analysts and professional market researchers to provide investors with detailed company profiles and market coverage.
http://finance.yahoo.com/news/Research-Report-on-iw-3827597414.html?x=0&.v=1
More info about Light Radio technology in a presentation by Alcatel/Lucent. Sounds a lot like what Bill Merritt says about IDCC's intellectual property.
Thanks eom
Has anyone seen this type of report before and possibly explain its meaning? Is it a new type of report? Could it also apply to IDCC?
http://www.bloomberg.com/news/2011-02-28/nasdaq-threshold-securities-for-feb-25-table-.html?cmpid=yhoo
Nasdaq ’Threshold’ Securities for Feb. 25
The following is a list of “threshold securities” from the Nasdaq Stock Market, published daily in compliance with the U.S. Securities and Exchange Commission’s Regulation SHO.
The list consists of stocks for which sellers failed to deliver 10,000 shares or more in the past five trading days and the level of “fails” is a minimum of 0.5 percent of the shares outstanding. Securities are listed alphabetically by ticker.
=================================================================
Consecutive Days
Ticker Security Name on List
=================================================================
ADAT AUTHENTIDATE HOLDING CORP 3
ARREF AMERIGO RESOURCES LTD 10
ATTD ATTITUDE DRINKS INC NEW COM ST 30
AUNFF AURCANA CORP 4
AUTH AUTHENTEC, INC (DELAWARE) 5
BAMXY Bayerische Motoren Werke AG Un 6
=================================================================
Consecutive Days
Ticker Security Name on List
=================================================================
BPWRF BALATON POWER INC 13
BYRGD BUYER GROUP INTERNATIONAL INC. 7
CEFB CENTRAL FLA ST BANK BELLEVIEW 12
COSWF CANADIAN OIL SANDS LTD. ORDINA 11
CYRX CRYOPORT INC NEW COMMON STOCK 27
DSTI DAYSTAR TECH INC COM STK (DE) 8
EFRFF Energy Fuels Inc Ordinary Shar 1
ELTP ELITE PHARMACEUTICAL 26
EOXFF EUROMAX RESOURCES LTD 12
EXCX THE EMPIRE SPORTS AND ENTERTAI 1
FBIZ FIRST BUSINESS FINANCAIL SERVI 2
FNCX FUNCTION (X), INC. COMMON STOC 4
FSSIF FISSION ENERGY CORP COM (CANAD 5
GGCRF SILVERMEX RESOURCES, INC. ORDI 63
GGTHF GOLDEN GOLIATH RES LTD 10
GWMGF GREAT WESTERN MINERALS GROUP L 9
HAWKQ SEAHAWK DRILLING INC COM STK ( 3
=================================================================
Consecutive Days
Ticker Security Name on List
=================================================================
HESV Home Energy Savings Corp Commo 5
HOTJ HOUSE OF TAYLOR JEWELRY, INC. 81
IMZLF INTERNATIONAL MINERALS CORP 23
INDY ISHARES S&P INDIA NIFTY 50 IND 2
MESAQ MESA AIR GROUP INC (NEV) 17
MSEZ MEDIA SENTIMENT INC COM STK (N 33
NUXFF NEW PACIFIC METALS CORP 4
NWMT NEWMARKET TECHNOLOGY INC. COM 25
OGZPY GAZPROM;ADR REP 4 ORD RUB5 REG 28
OPHI ORGANIC PLANT HEALTH, INC . NE 5
OPMG OPTIONS MEDIA GROUP HOLDINGS, 10
PIVX PIVX SOLUTIONS INC 44
PWURF POWERTECH URANIUM CORP COM SHS 11
QTWWD QUANTUM FUEL SYS TECHNOLOGIES 3
RAPT RAPTOR TECHNOLOGY GROUP, INC. 5
RHIEQ RHI ENTERTAINMENT INC. COM STK 26
SAVW SAVWATT USA, INC. COMMON STOCK 7
=================================================================
Consecutive Days
Ticker Security Name on List
=================================================================
SCPZF SPROTT RESOURCE CORP ORD SHS ( 50
SFTBY Softbank Corp Unsponsored ADR 1
SLHVF STEALTH VENTURES LTD (CANADA) 17
SOLR GT SOLAR INERNATIOANL INC COM 9
SOPV SOLAR PARK INITIATIVES, INC. C 7
SRGE SOUTHRIDGE ENTERPRISES INC. NE 1
SWRAY SWIRE PACIFIC LTD CL-A SP ADR 15
TEMN Team Nation Holdings Corporati 2
TEXG Terax Energy, Inc. New Common 33
THTCF THERATECHNOLOGIES INC SVC 1
TVCFF TOURNIGAN ENERGY LTD ORD SHS 23
UPST UPSTREAM WORLDWIDE INC COM STK 2
VCSH VANGUARD SHT-TERM CORP BD ETF 38
VGSH VANGUARD SHT-TRM GOVT BD ETF 6
VTRAF Viterra Inc Ordinary Shares (C 4
VXUS VANGUARD STAR FD VANGUARD TOTA 10
WMLLF WEALTH MINERALS LTD 11
=================================================================
Consecutive Days
Ticker Security Name on List
=================================================================
XBOR CROSS BORDER RESOURCES, INC. C 5
ZAOFF ZAIO CORP 4
=================================================================
SOURCE: Nasdaq
To contact the reporter on this story: Michael J. Munoz in Hong Kong at mjmunoz@bloomberg.net
To contact the editor responsible for this story: Alex Tanzi at atanzi@bloomberg.net
IMO...the analysts did not even get it right either. The analysts guessed wrong on the high side.
http://www.reuters.com/finance/stocks/keyDevelopments?symbol=IDCC.O
Latest Key DevelopmentsInterDigital, Inc. Issues Q1 2011 Revenue Guidance Below Analysts' Estimates
Wednesday, 23 Feb 2011 06:48pm EST
InterDigital, Inc. announced that for the first quarter of 2011, it expects revenue contributions from existing agreements to be in the range of $76 million to $77 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $87 million for the first quarter of 2011.
IMO..The market seems to pay more attention to an observation that IDCC did not meet some external entities guess-timate of what quarter's EPS should be versus the reality that IDCC had a great quarter based upon the following highlights.
http://finance.yahoo.com/news/InterDigital-Announces-Fourth-bw-2486926550.html?x=0&.v=1
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- InterDigital, Inc. (NASDAQ:IDCC - News) today announced results for the fourth quarter and twelve months ended December 31, 2010.
Fourth Quarter 2010 Highlights:
•Net income of $34.3 million, or $0.76 per diluted share
•Revenue of $95.3 million, a 25 percent increase over fourth quarter 2009
Full Year 2010 Highlights:
•Net income of $153.6 million, or $3.43 per diluted share
•Revenue of $394.5 million
•Free cash flow1 of $103.6 million
•Ending cash and short-term investments totaling $541.7 million
Jim, the dividend trasaction itself will not show up in my transaction history until tomorrow, however, the additional cash in my cash available for trading balance calculates exactly to the 10 cent per share IDCC dividend in all three of my accounts.
Dividend...in my 3 Scottrade accounts.
The world is finally determining that wireless is NOT just about NOK. With Windows 7 Mobile and Android as very viable and successful wireless operating system platforms, any technology manufacturer can create a wireless product.
IMO, NOK (Elop) is going to announce that same realization and start making smart phone with Windows 7 Mobile and/or Android to get some kind of market share in smart phones.
vg_future, your comment about only NOK's numbers can beat everyone else's conservative numbers, reminded me of the royalty payment check that NOK sent to QCOM in one of their more recent license disputes and QCOM summarily returned it to NOK (if memory serves me correctly).
Data_Rox, your numbers seem to be the most conservative I've ever heard (probably, only NOK's own numbers can beat them) beating the conservative numbers that even Tom Carpenter was throwing around (between 500 to 600 million if I remember right.
Great discussion. Thanks eom.