Mobile

Nokia and RIM Shares Jump in Wake of Apple Patent Win

Published on August 27, 2012
by Mike Isaac

After Apple was handed a major victory last Friday in a patent case against Android smartphone maker Samsung, shares of Nokia, the predominant Windows Phone manufacturer, jumped nearly 9 percent on Monday morning. A possible reason for the sudden surge: Trouble for Samsung could be indicative of a larger problem for Android, so manufacturers of rival smartphone platforms may end up benefiting. Similarly, BlackBerry maker Research In Motion also saw a slight bump in shares on Monday, up almost 2 percent from its opening price.

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URL: http://allthingsd.com/20120827/nokia-and-rim-shares-jump-in-wake-of-apple-patent-win/