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A victory for Eastman Kodak Co. (EK) in its patent fight with Apple Inc. (AAPL) and Research in Motion Ltd. (RIMM) may add more than $1 billion in revenue from royalty payments, Chairman and Chief Executive Officer Antonio Perez said.
Kodak “deserves to win,” Perez, 65, said in an interview in New York yesterday.
A decision is scheduled for about 5 p.m. Washington time today on whether the U.S. International Trade Commission will review a judge’s findings from January that Apple’s iPhone and RIM’s BlackBerry don’t violate Kodak’s patent on an image- preview feature in camera phones. Opening a review would revive Kodak’s effort to extract compensation from Apple and RIM.
I for one thank Kodac for this innovative and ground breaking invention.