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Very interesting excerpt from the barclays note:

By: DCLARKE in IDCC | Recommend this post (0)
Thu, 07 Jul 11 3:30 AM | 59 view(s)
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Msg. 41377 of 48237
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"Apple's participation within this auction is likely to offset its loss to Nokia"

This is what I said in an earlier post. Apple settled with Nokia to set the bar for their license from Nokia for the Nortel patents. Nokia was cheering but I think they got our played. Apple now has a benchmark to either get a quick license from Nokia on similar terms or they will take them to court ASAP.

Dclarke




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