this guy doesn't seem to understand the essential nest egg of IP IDCC has in LTE!
Apple (AAPL) Will Strike Back at Google (GOOG) With an Acquisition of Nokia (NOK), InterDigital (IDCC) or RIM (RIMM) - Analyst
Apple (NASDAQ: AAPL) will likely respond to Google's (Nasdaq: GOOG) acquisition of Motorola Mobility Holdings (NYSE: MMI) with its own acquisition, analyst Peter Misek at Jefferies believes.
Misek said the Google/MMI deal has significantly reduced Apple's ability to pressure the Android ecosystem as MMI had the broadest and deepest patent portfolio amongst the wireless players. "We believe AAPL's large cash position gives it significant flexibility to respond with its own acquisition," he said.
Apple will likely focus on wireless patents that are truly essential and part of the standards, Misek said. Potential takeover targets for Apple includes Nokia (NYSE: NOK), InterDigital (Nasdaq: IDCC) and Research in Motion (Nasdaq: RIMM), he states.
http://www.streetinsider.com/Analyst+Comments/Apple+(AAPL)+Will+Strike+Back+at+Google+(GOOG)+With+an+Acquisition+of+Nokia+(NOK),+InterDigital+(IDCC)+or+RIM+(RIMM)+-+Analyst/6721150.html
"The world is a dangerous place to live�not because of the people who are evil, but because of the people who don't do anything about it." �Albert Einstein
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