Thursday, July 07, 2005 9:08:06 AM
I dunno George......everything is a mystery. I'm hearing the wife stir in the RV so I'm shutting down for a while.
Best of luck to all today
-- Based on InterDigital's application of the Nokia Tribunal's
award and updated information as to Samsung's sales for the
years 2002 through 2004, the company updated guidance relative
to Samsung's royalty obligations. Specifically, prior guidance
had stated that Samsung would owe InterDigital approximately
$22 million to $27 million for 2002 sales of covered product.
In addition, based on Samsung prepaying its 2003 and 2004
royalties, the company previously estimated that it would have
recorded revenue of approximately $20 million to $24 million
for 2003 sales. The company reaffirmed the original guidance
but indicated that the actual amounts should be somewhat
higher based on prepayment discounts for past sales no longer
being available.
Best of luck to all today
-- Based on InterDigital's application of the Nokia Tribunal's
award and updated information as to Samsung's sales for the
years 2002 through 2004, the company updated guidance relative
to Samsung's royalty obligations. Specifically, prior guidance
had stated that Samsung would owe InterDigital approximately
$22 million to $27 million for 2002 sales of covered product.
In addition, based on Samsung prepaying its 2003 and 2004
royalties, the company previously estimated that it would have
recorded revenue of approximately $20 million to $24 million
for 2003 sales. The company reaffirmed the original guidance
but indicated that the actual amounts should be somewhat
higher based on prepayment discounts for past sales no longer
being available.
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