CEO Elop: Nokia Will Make $653M In Patent Licensing This Year, ?Watching Closely' For More Targets

Nokia today posted Q1 earnings that show the Finnish company still trying to recover from a fast-declining legacy handset business. But in the meantime, it is continuing to play another card in its hand, that of patents and intellectual property licensing. This is an area that will bring Nokia ?500 million ($653 million) in revenues this year, CFO Timo Ihamuotila said in Nokia's earnings call today. And CEO Stephen Elop says the company is on the hunt for more.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/terSVIzIN0M/

whcd 2012 nfl draft kevin durant jazz fest zurich classic selena lamichael james