Motorola Mobility filed a letter in a California court late last year requesting that Apple pay a 2.25% of its iPhone sales as a patent licensing royalty, which would account for over $1 billion in 2011 alone.
The Wall Street Journal reports:
Motorola Mobility Holdings Inc. asked Apple Inc. to pay a potential royalty of 2.25% of sales for some iPhones and iPads last year, representing possibly billions of dollars in licensing fees.
With a request like that, it’s no wonder courts have suspended legal action in Motorola’s favor to further investigate the situation – that’s about as far from “fair and reasonable” as you can get for licensing an essential 3G patent.
As Jim Dalrymple of the Loop put it so well: “If you can’t make a decent product yourself, sue someone that does.”
