InterDigital Inc (IDCC)

[jai]

Bennett Notman - Davenport & Company

In the Infinium/Apple one that you guys alluded to, would that revenue recognition be sort of one quarter in arrears like it happens with your regular handset manufacturers, or would it have to be even a little more delayed because it’s sort of one step removed. How should we think of the way that would ramp into your numbers?

William J. Merritt

We recognize revenue from anytime it’s sort of per unit. We do that on a one quarter lag. So the Infinium contract would work no differently than our patent license agreement with Sharp. It would be a one quarter lag.


Bennett Notman - Davenport & Company

I know you guys can’t get too specific but in terms of just trying to think of what that means, would that be a significantly less per unit contribution than if let’s say you were licensing one of the handset guys directly, or how should we try to think about that in terms of the potential scope of the impact?

William J. Merritt

We obviously can’t get into the per unit rate that Infinium pays us for that, but I would say that when they begin to ship in meaningful quantities then that revenue line for us will become meaningful as well. So if they get the success that we hope that they get, it will be a nice contributor to revenue.


Operator