<p>Nokia filed the suit in the US on Thursday, saying Apple had infringed 10 patents in technologies accusing Apple of trying to hitch a “free ride” on Nokia’s technology investment.<br /><br />Apple, has won 15 per cent share of the smartphone market, but it has limited intellectual property assets compared with rivals.<br /><br />Neil Mawston at Strategy Analytics said Apple could have to pay Nokia anything between $200 million and $1 billion for patents used in 34 million iPhones shipped so far. In the last quarter alone Apple sold 7.4 million iPhones for an average sales price of $566, according to Strategy Analytics.</p>
<p>Nokia filed the suit in the US on Thursday, saying Apple had infringed 10 patents in technologies accusing Apple of trying to hitch a “free ride” on Nokia’s technology investment.<br /><br />Apple, has won 15 per cent share of the smartphone market, but it has limited intellectual property assets compared with rivals.<br /><br />Neil Mawston at Strategy Analytics said Apple could have to pay Nokia anything between $200 million and $1 billion for patents used in 34 million iPhones shipped so far. In the last quarter alone Apple sold 7.4 million iPhones for an average sales price of $566, according to Strategy Analytics.</p>