Nokia making more money from Apple patents than Lumia sales

Finnish phone manufacturer adding to income licensing patents to Apple for iPhone handsets

New reports have suggested Nokia now makes more money licensing patents to Apple than selling its own Lumia branded handsets

Despite strong industry reaction to Nokia’s Lumia range of handsets, new figures have revealed the Finnish phone manufacturer makes more licensing patents to Apple than on its own Windows Phone filled devices.

Having launched its first Windows Phone 7 devices late last year, Nokia has revealed that despite shifting more than 2 million Lumia handsets in the past three months it has made a loss on handset sales during the last quarter.

Although struggling on the hardware front new reports has suggested patents licensed to Apple for use on devices such as the iPhone 4 and iPhone 4S continue to generate large income rates for the former powerhouse of the mobile phone sector.

According to AppleInsider sources, the Cupertino based company forked out around £370 million during the past three months to Nokia for use of a number of intellectual property rights that are vital to the globally dominant range of iPhone handsets.

Nokia Lumia 900 Specs

Set to hit UK markets in the coming weeks the Nokia Lumia 900 is the latest Windows Phone handset to come from the Samsung and HTC rival, building on the strong base laid out by the existing Lumia 800 handset.

A larger version of the already available Nokia Lumia 800 the Lumia 900 features a 4.3-inch ClearBlack AMOLED display with Microsoft’s Windows Phone Mango OS further plumped by a 1.4GHz processor and a host of Nokia exclusive WP7 apps including Nokia Drive.

On the entertainment front the handset boasts an 8-megapixel rear-mounted camera with 720p HD video recording capabilities and, unlike the Lumia 800, a second, front-facing snapper.

Are you a fan of Nokia’s new Lumia branded Windows Phone handsets or are you more an Apple iPhone convert? Let us know via the T3 Twitter and Facebook feeds.

Via: TechRadar