1. Dapper37's Avatar
    This just in, RIM and apple have won the intellectual property case with Kodak. on a day like today its a bit of good new's. this could have cost RIM up to 500,000,000 yep that right. half a Billion. AS seen on CNBC Fastmoney.
    Shlooky, Jake Storm and Jake2826 like this.
    06-30-11 04:16 PM
  2. 1812dave's Avatar
    That reminds me of "the surgery was a success, but the patient died".

    or...win the battle; lose the war.
    06-30-11 04:19 PM
  3. Jake2826's Avatar
    Nice win. Thanks for the post.
    06-30-11 04:20 PM
  4. Shlooky's Avatar
    Good stuff!
    06-30-11 04:28 PM
  5. Dapper37's Avatar
    Looking for info on the ruling it looks not so cut and dry.

    ITC Gives Mixed Ruling In Kodak Patent Dispute With Apple, RIM
    18:05 EST Thursday, Jun 30, 2011

    NEW YORK -(Dow Jones)- The International Trade Commission reversed parts of an earlier ruling in Eastman Kodak Co.'s (EK) patent fight against Apple Inc. (AAPL) and Research in Motion Ltd. (RIMM, RIM.T) and sent other parts of the ruling to be reviewed by an administrative law judge.

    The mixed ruling further muddles the patent dispute between the three companies. The lack of a clear win for Kodak, which is looking to leverage its patent portfolio to fund its transformation into a company focused on digital imaging, sent the stock lower in after-hours trading.

    The six-member commission, an arbiter of trade disputes that can block imports of patent-infringing products, had taken up a review of the case in March, following a judge's recommendation finding Kodak's patent invalid. A more direct ruling Thursday against Apple and RIM may have pressured them to agree to a potentially lucrative settlement for the struggling film company.

    Kodak shares plunged 19% to $2.90 in recent after-hours trading. Apple dipped 23 cents to $335.44, and RIM fell 1% to $28.56.

    "There were a lot of traders who were looking for a binary event here--win or lose--and they were betting that there was going to be a win," said Mark Kaufman, an analyst at Rafferty Capital Markets. "They did not handicap the no- win situation, the remand situation."

    Spokesmen for the thee companies didn't immediately respond to requests for comment.

    Kodak, once a titan of consumer photography, has struggled in recent years as it refocuses its business. The Rochester, N.Y.-based company has relied on its intellectual property to fund its transformation, saying it anticipates an average of $250 million to $350 million annually from intellectual property revenue over the next few years. Those figures exclude potential royalties from Apple and Research In Motion.

    In this case, Kodak's claims involve a technology that previews relatively low resolutions of an image on camera-enabled smartphones while recording images at a higher resolution. So far, 32 companies have licensed the Kodak technology, including Nokia Corp. (NOK), Samsung Electronics Co. (005930.SE) and LG Electronics Co. (066570.SE).

    Kodak filed its complaint against Apple and RIM with the ITC in January 2010. The full commission had delayed giving a final ruling last month and again last week.

    -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240; [email protected] dowjones.com

    (END) Dow Jones Newswires
    06-30-11 1805ET
    Copyright (c) 2011 Dow Jones & Company, Inc.
    06-30-11 05:28 PM