Wow, how quickly people forget :D In 2010, Nokia was the 3rd ranked company in the world with regards to R&D spending ($8.2B). They hold more than 50% of the pa

Wow, how quickly people forget :D In 2010, Nokia was the 3rd ranked company in the world with regards to R&D spending ($8.2B). They hold more than 50% of the patents for 3G, and close to that for LTE. They also hold patents for thousands of other technologies. Nokia used to be a innovation powerhouse. They still try, just at a lower level. Look at their PureView technologies for example. Some of those billions need to come back somehow :) (Sued Apple, etc) Super bad management drove such a great company to its knees. It makes me sad. 7 years before Apple, Nokia shows off a color touch screen phone with one button, with more amazing features for its time--Management shuts the idea down. Here is a cool article worth a read of how things went sour at Nokia: http://online.wsj.com/article/SB10001424052702304388004577531002591315494.html http://online.wsj.com/article/SB1000142405270230438800457753...