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Re: mickeybritt post# 270048

Thursday, 09/03/2009 12:48:41 PM

Thursday, September 03, 2009 12:48:41 PM

Post# of 433121
I figure it at $12.5 Billion if royalty were 1%, yielding $125 Million before prepayment discount.

This could represent 1% of 25 Million Handsets sold at approximately $500 value, or a larger quantity at a lower, wholesale, value.

But 1% or $5 per phone seems to me a little ambitious. I welcome other calculations that might yield the $105 Million prepayment. This might require a much higher volume of handset sales than 25 Million.

MO



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