Can you correlate your 1 (2014) to 3 (2016) years for the $800m goal to the statement which WM publicly stated

Is there a buyer? A company can be bought without putting up for sale.

So much for Transmission and Engine. 4G is the next frontier. For the LONG shareholders, the second-round verdict of no-infringement by ITC (with two different ALJ’s and commissioners) inflicts more pains. I now believe that IDCC has much less valuable 3G patents than its CEO’s have led us to believe; look no further than the monetary values in each of the licenses that IDCC has signed to-date.

As for 4G, I truly believe it will be a better story.

Your view of ITC is not reflected of the results in other ITC cases; they have handed out many verdicts of infringement. You can verify for yourself.

As for IDCC, I don’t think IDCC has golden eggs as I once thought. I still own a very small portion of IDCC to see it to the end – whenever the end might be.

“It they just refuse to do their job protecting against infringing products… No matter what Interdigital does the ITC will not enforce their patented technology from being stolen and imported.”

Not a single respondent found infringement in this round...

Notice of Commission Determination to Affirm-in-Part, and Modify-in-Part a Final Initial Determination Finding No Violation of Section 337 by Certain Respondents; Termination of the Investigation as to Certain Respondents; Extension of the Target Date

Did you buy order get filled?

The three gorillas interested in BB’s IP!

Back when BlackBerry was still on the market, some expected that the struggling company would ultimately be broken up and "sold for parts." But according to Reuters, BlackBerry's board roundly rejected this possibility, despite interest from several major competitors. Google, Microsoft, and even Apple — a name we hadn't heard before now — were reportedly drawn to BlackBerry's intellectual property.

http://www.theverge.com/2013/11/8/5081860/blackberry-reportedly-refused-to-break-up-company-despite-interest

OD, thanks. For 11/07, 74,850 (from SHO) is the TV (but not necessary short volume only) reported of all the executed trades during the regular hours on the Nasdaq market while 528,000 (from Yahoo) is TV reported in all Markets in pre-market, regular, and after-hour. Note that the Short Volume for this date is 40,924

Does it make sense?

http://regsho.finra.org/FNSQshvol20131107.txt

http://finance.yahoo.com/q/hp?a=&b=&c=&d=10&e=8&f=2013&g=d&s=idcc&ql=1

What does 'totalVolume' mean?

Date|Symbol|ShortVolume|ShortExemptVolume|TotalVolume|Market

20131107|IDCC|40924|0|74850|Q

November 4, 2013

Espoo, Finland - Nokia announced that Samsung has extended a patent license agreement between Nokia and Samsung for five years. The agreement would have expired at the end of 2013. According to the agreement, Samsung will pay additional compensation to Nokia for the period commencing from January 1, 2014 onwards, and the amount of such compensation shall be finally settled in a binding arbitration which is expected to be concluded during 2015.

"This extension and agreement to arbitrate represent a hallmark of constructive resolution of licensing disputes, and are expected to save significant transaction costs for both parties", said Paul Melin, Chief Intellectual Property Officer of Nokia.

http://press.nokia.com/2013/11/04/samsung-extends-the-patent-license-agreement-between-nokia-and-samsung-for-five-years-companies-will-enter-into-binding-arbitration-to-settle-the-amount-of-additional-compensation/

Shorts made moneys so do Longs; it’s depending on one’s costs and sales. Here’s another financial resource.

“In addition, the company will look to increase licensing sales with a target of $800 million in annual revenue by 2015, which is twice the $400 million in sales generated in 2010,” released in 2012.

Are we there yet? Is there a (substantial) progress?

$245 mil estimated for 2013; $217 mil for 2014; -59% estimated for the next 5 years growth.

http://finance.yahoo.com/q/ae?s=IDCC+Analyst+Estimates

I wonder where BM has gotten the technical advices from. It seems that he has been comfortable running the show without a CTO. Under his leadership, there had been two named CTO’s. They lasted only in a short time.

Has IDCC ever employed a patent attorney who has a background in Electrical Engineer?

So far, IDCC have never gotten the ultimate winning verdict of infringement at any Courts! I believe the Motorola case was heard in a District Court(?). The CAFC verdict in the Nokia case is indeed positive but I don’t view as a win for IDCC as many people have expressed; CAFC has merely allowed IDCC to live for another days to resume the fight after the knock-outs at ITC.

Fyi. My broker, IB, has a short sale restriction on IDCC in effect from July 1 08:30 to July 2 19:00 CST.

I believe it’s a broken Engine and Transmission rather than a broken court system, IMO at the this time.

Don’t we all want to find out whether IDCC indeed has a 3G Engine and Transmission? It doesn’t matter what IDCC has proclaimed, at the end of the day, the courts’ rulings are matter. Without the infringement verdict, those respondents and other OEM's might not volunteer to pay

“GKJ, I agree that the system is broken. Ultimately for those IDCC investors, this mgmt team is whom they rely upon - they do not rely upon the system to make sound judgements with THEIR company.”

I agree. Perhaps some really stink at idcc or some smell real good at 5BARz imminently happen

What will mr Soni become? Wonder why he gave up idcc for a bilateral move...

Today is a planned earning release. Well, we soon see

You don't halt for good news! It's a damage control

HALTED

HTC drops out of top 10 handset brands
JessieShenDIGITIMES, Taipei [Monday 18 February 2013]
HTC has fallen out of the top-10 handset vendor rankings published by Gartner. The smartphone specialist made its first appearance in Gartner's ranking of the world's top-10 handset vendors by unit sales in the second quarter of 2010.

HTC reported an 81% sequential decline in net profits to NT$1 billion (US$34.4 million) for the fourth quarter of 2012. Compared to a year ago, HTC's fourth-quarter earnings represented a fall from NT$11.02 billion in the fourth quarter of 2011.

Meanwhile, China-based Lenovo and TCL Communication, which focus mainly on the sale of low-cost smartphones, both saw their overall handset shipments register on-year growth in the fourth quarter of 2012, the latest data compiled by Gartner show. Lenovo jumped into the top-10 handset rankings, while TCL stayed at No.7.

China-based Huawei Technologies also had a good fourth quarter, which helped it reach the No. 3 position among smartphone vendors for the first time in the fourth quarter of 2012, Gartner said. Huawei was ranked sixth in the global handset market during the quarter behind LG Electronics and local rival ZTE.

Apple and Samsung Electronics together raised their worldwide smartphone market share to 52% in the fourth quarter of 2012 from 46.4% in the prior quarter, according to Gartner.

"There is no manufacturer that can firmly lay claim to the No. 3 spot in global smartphone sales," said Anshul Gupta, principal research analyst at Gartner. "The success of Apple and Samsung is based on the strength of their brands as much as their actual products. Their direct competitors, including those with comparable products, struggle to achieve the same brand appreciation among consumers, who, in a tough economic environment, go for cheaper products over brand."

Samsung's overall smartphone sales continued to accelerate totaling 64.5 million units in the fourth quarter of 2012, up 85.3% from the fourth quarter of 2011, Gartner disclosed. In 2012, Samsung totaled 384.6 million mobile phones sales, of which 53.5% (up from 28% in 2011) were smartphone sales.

Apple's sales reached 43.5 million units in the fourth quarter of 2012, up 22.6% on year, Gartner said. In 2012, Apple totaled 130 million smartphone sales worldwide, up from 89 million units in 2011, while Nokia's sales slipped 53.6% to 39.3 million smartphones in 2012, according to Gartner.

Gartner: Worldwide handset sales to end users by vendor, 4Q12 (k units)

http://www.digitimes.com/news/a20130218VL201.html

Company

4Q12

4Q12 share

4Q11

4Q11 share


Samsung

106,957.7

22.7%

93,830.3

19.6%


Nokia

85,054.8

18.0%

111,699.4

23.4%


Apple

43,457.4

9.2%

35,456.0

7.4%


ZTE

16,160.6

3.4%

18,915.1

4.0%


LG

14,981.3

3.2%

16,938.3

3.5%


Huawei

13,679.1

2.9%

13,966.1

2.9%


TCL

11,097.6

2.4%

10,695.3

2.2%


Lenovo

8,305.4

1.8%

5,206.3

1.1%


Sony

7,946.6

1.7%

8,935.7

1.9%


Motorola

7,822.2

1.7%

10,075.3

2.1%


Others

156,613.7

33.2%

151,985.1

31.8%


Total

472,076.4

100.0%

477,703.0

100.0%


Source: Gartner, compiled by Digitimes, February 2013

Gartner: Worldwide handset sales to end users by vendor, 2012 (k units)


Company

2012

2012 share

2011

2011 share


Samsung

384,631.2

22.0%

315,052.2

17.7%


Nokia

333,938.0

19.1%

422,478.3

23.8%


Apple

130,133.2

7.5%

89,263.2

5.0%


ZTE

67,344.4

3.9%

56,881.8

3.2%


LG

58,015.9

3.3%

86,370.9

4.9%


Huawei

47,288.3

2.7%

40,663.4

2.3%


TCL

37,176.6

2.1%

34,037.5

1.9%


RIM

34,210.3

2.0%

51,541.9

2.9%


Motorola

33,916.3

1.9%

40,269.1

2.3%


HTC

32,121.8

1.8%

43,266.9

2.4%


Others

587399.6

33.6%

595886.9

33.6%


Total

1,746,175.6

100.0%

1,775,712.0

100.0%


Source: Gartner, compiled by Digitimes, February 2013

When will be the ITC initial determination?

Ghors, it’s a rough road to the earning release next week. Long on puts seems like a wise hedge. The Feb 42.5 Put was traded at 70 cents; up over 300%

“If the trial starts on time next week at the ITC and if one has concerns about the staff's position, one can purchase Feb 42.5 puts for about .15 cents. This is cheap insurance for the JIC the staff attorneys sticks it to us. Hopefully, we don't need it, but I am sure going to sleep better.”

re. FRAND, have we seen any legal finding resulted in a FRAND violated by complainants? FRAND is just a legal avenue that has usually been used as an automatic counter claim by respondents. I don’t think it’s big deal in the IDCC case though.

"The support for IDCC NOT violating FRAND is BIG!"

Re. stock price manipulation, Hock, to certain extend it could happen on the downside as you have suggested. How’s about on the upside movement, only real sellers and buyers were involved?

“I have noticed that several heavily-shorted stocks (some of which I own) have been down 10-15-20% on lighter than normal volume while the overall Nasdaq has been down a couple of percent. This is enabled by the lack of an uptick rule and the fact that every hedge fund and his uncle has market maker status and is able to sell shares that don't exist.”

Qualcomm FY Q1 Revenues, Profits Top Expectations

In a clear demonstration of the ongoing strength of the mobile device market, Qualcomm this afternoon posted better-than-expected results for its fiscal first quarter ended December 30.

For the period, the mobile phone chip company reported revenues of $6 billion and non-GAAP profits of $1.26 a share; that beat the Street consensus forecast of $5.9 billion and $1.13 a share. In the quarter, the company spent $250 million to buyback 4.3 million shares. Guidance had been for $5.6 billion to $6.1 billion and $1.08-$1.16 a share.

“We are pleased to report record quarterly revenues, Non-GAAP EPS and MSM chip shipments, driven by the growing global demand for smartphones and our industry-leading portfolio of 3G/LTE chipsets,” CEO Paul Jacobs said in a statement. “Our broad licensing partnerships and extensive chipset roadmap, including our recently announced best-in-class Qualcomm Snapdragon 800 and 600 processors, position us well for strong growth, and we are pleased to be raising our revenue and earnings guidance for fiscal 2013.”

For FY Q2, the company sees revenue of $5.8 billion to $6.3 billion and non-GAAP profits of $1.10 to $1.18 a share; Street consensus had been $5.86 billion and $1.10 a share.

For the full year, the company now sees revenues of $23.4 billion to $24.4 billion, and non-GAAP EPS $4.25 to $4.45 a share; that’s up from previous guidance of $23 billion to $24 billion and non-GAAP profits of $4.12 to $4.32 a share.

QCOM in late trading is up $3.70, or 5.8%, to $67.23.


http://www.forbes.com/sites/ericsavitz/2013/01/30/qualcomm-fy-q1-revenues-profits-top-expectations/

"Sony got 18 percent of sales from mobile products and communications in the quarter ended September, according to data compiled by Bloomberg. It bolstered the division by buying out Ericsson AB’s stake in a venture making mobile phones last year."

http://www.businessweek.com/news/2013-01-21/sony-will-introduce-xperia-tablet-to-challenge-apple-samsung

Sony to Introduce Xperia Tablet Challenging Apple
By Mariko Yasu on January 21, 2013

MB, Oh well, I am following your opinion and attempting to buy the 125 calls, but it’s out of range. You’re ahead of the trading Markets.

http://finance.yahoo.com/q/op?s=IDCC&m=2013-01

"No question about it the first trade above $124.99 will be when. Now don't ask any thing more as you have been"

"Just a opinion but my guess is it will settle in around $125.00" when?

MB, “will send this stock roaring to all time new highs” what price and when

You forgot 1 catalyst that might bring the stock price down – Q1 guidance and negative earnings growth. Q1 13 eps is currently estimated to be -0.38.

The earning tabular on Yahoo looks real ugly…
http://finance.yahoo.com/q/ae?s=IDCC+Analyst+Estimates

Yup. You're right. It's the Sony effect.

Check out these top rated in cell phones on Amazon; out of the top 20, IDCC is currently collecting royalties only on HTC DNA. IDCC has missed “the train”, so far. Sigh…

Notice that Nokia Lumia 920 (Red, White, Cyan) sold out.

http://www.amazon.com/gp/top-rated/wireless/2407747011/ref=zg_bs_tab_t_tr

"Here's a interesting link from Amazon. It lists their most popular products based on sales and is Updated hourly. Best Sellers in Smartphone & PDA b Note it does not contain Apple sales because Apple sells their own product."

"Apple paid IDCC exactly what mgt agreed to" Agreed, however Apple can voluntarily pay more. LOL. Apple and Samsung control 99.99% profits in cell phone market.

The apple agreement was WM’s the second major license and the first longer (7 years) term license in the company history. Boy, he managed to screw up big time.

He has sit on the company pilot chair during the most explosive growth period in the wireless era.

He has repeatedly stated that IDCC indeed has SEP’s, deep, and profound patent portfolio but in reality he signed licensing agreements with Apple and Samsung that have turned out to be chump changes.

The revenues/eps’s have progressively gone downward and it’s not going to be easy to revert as long as WM still be the CEO. The road to $800M is going to be a tough one unless the Courts will render the infringement verdicts.

Sony was the No. 8 handset maker in the world in the third quarter of 2012, according to ABI Research

http://www.fiercewireless.com/story/sony-mobile-may-quit-entry-level-smartphone-market/2013-01-11

http://www.fiercewireless.com/europe/special-reports/analyzing-worlds-11-biggest-handset-makers-q3-2012

IMO, IDCC hasn’t been implementing FRAND appropriately

How much has Apple paid IDCC? Nokia had paid IDCC about $250 mil on licensing and some moneys on R&D at times. If IDCC would get $1/iphone, we’d probably have other and better discussions than Nokia. IMO, LG and Samsung are holding out to see what IDCC and Apple would do with the Apple renewal. Sigh…

“How long has Nokia been screwing IDCC? I would tend to agree with you with the majority of licensees but with Nokia, no way!”

That’s a good start but where’s the beef. My bbq pit will be lit up when the (Samsung and Apple) cows come home; re-sign with a fat rate.

Not much money to be made in the M2M business; Convida is essentially a remake of the slimchip with the JV backing by Stephens Capital funds for the cost this time around.

I think the SP might have a short-term negative impact when Market would realize that the Samsung revenue will be missed in the Q1 earning, or sooner similarly as it had happened in the LG case - $47 (01/2011) – $30 (6/2011)

http://finance.yahoo.com/news/samsung-widen-smartphone-gap-apple-034512486.html

“Global smartphone shipments will jump 27 percent to 875 million this year (do we hear the cash register ringing!)

South Korea's Samsung Electronics is forecast to sell 290 million smartphones this year, up from a projected 215 million in 2012, the research firm said. Apple's smartphone sales are projected to reach 180 million this year, up 33 percent from last year, slightly trailing Samsung's 35 percent increase.

This will give Samsung a 33 percent share of the 2013 smartphone market, up from last year's estimated 31 percent, while Apple will hold 21 percent, versus last year's 20 percent”

Dec22 call activites; there’s no tea leaf here. Buy if you believe the bull continues. Watch out for the ex-dividend and ill Samsung effects.

For Dec14 options, you can tell that virtually there is no trading and zero open interest on the options (calls and puts) near ITM, 32.5 – 42.5 for calls and 45 – 55 for Puts.

It makes sense that call owners had exercised their options to take advantage of the effect of the special dividend. If they don't, their calls can expire (tomorrow) before the strike price adjustment taken place.

The picture on the put side is still blurry for me.