Nokia Throws the Book at Apple

Nokia has filed a massive patent lawsuit against Apple, claiming infringement of its patents for the GSM and UMTS wireless standards, among others. Apple's popular iPhone is at the center of the complaint. Although Nokia hasn't specified monetary damages, they could range from $400 million to $1 billion. Still, the litigation isn't likely to slow Apple down, suggested wireless industry analyst Jeff Kagan.

Nokia's 'It' Factor

"Both Apple and Nokia are fine companies," wireless and telecom analyst Jeff Kagan told MacNewsWorld.

"The cellphone industry continues on its rocket flight through the last couple decades -- it becomes a new business every five to 10 years," he added.

When Motorola (NYSE: MOT) "stumbled" in the 1990s, Nokia took the lead, Kagan noted.

"It still has it," he added.