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Technology Stocks : Nokia Corp. (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: waitwatchwander who wrote (4762)	4/12/2007 3:22:20 PM
From: Grad B	Read Replies (1) \| Respond to of 9255

3% of what ??? I see Nokia uses the term "aggregate handset sales". 3% of "WCDMA handset sales"--this is what Nokia states in their press release. Nokia did not use the term "aggregate handset sales". They said they paid less than 3% "aggregate license fees on WCDMA handset sales". "WCDMA handset sales" seems pretty unambiguous to me. I would also argue that "aggregate license fees" is also relatively unamibiguous, especially given Nokia's qualifying statements below: "This number represents Nokia's aggregate gross royalty payments made under all the numerous patent license agreements applicable to its WCDMA handsets. It excludes infrastructure related royalties and all royalty income collected by Nokia."