Nokia’s troublesome earnings continue to show promise in one area: IP licensing

Nokia, owns over 10,000 patents, many in the critical LTE wireless area, and it has over 40 licensing deals already in place. CFO  Timo Ihamuotila estimates this fiscal year will bring in over $650M in IP licensing revenue, and CEO Stephen Elop could be tipping his hand in terms of who will be Nokia’s next target.  Apple and Blackberry are already licensees, other large wireless vendors are currently in litigation, and Elop’s reference to watching “changing market shares” indicates he is likely looking closely at the Android players.