If you consider Apple was just told to pay VHC $500M for infringing IP on sales of 400M iPhones who include FaceTime, with a sales value of $320B, its a royalty of .0156% per iPhone sold.
Applying .0156% to the roughly $2T in internet data / digital TV sold by the 13 MSOs during the patent period, you get about $3B in awards for UOIP and with 1.6B shares out, its about $2.00.
You could easily argue though that the royalty rate here could be much higher as the Chanbond tech is a primary component of the high speed networking whereas the FaceTime IP is only 1 of many functions of an iPhone. 3x the .0156% royalty rates is approaching a half of 1% royalty rate and may be more accurate.
Penny Stock Analyst,not licensed, but may as well be...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.