How The Sale Of Rockstar Consortium Will Be Lucrative For Apple And EMC

Wells Fargo issued a report highlighting Apple Inc. (NASDAQ: AAPL) and EMC Corporation (NYSE: EMC) after the sale of Rockstar Consortium patents. The purchase of Rockstar Consortium patents was completed on February 3 by RPX Corp (NASDAQ: RPX) for $900 million.

Analysts Maynard Um and Munjal Shah wrote, "While there could be many factors influencing the amount recognized by each member of the Rockstar consortium, if we assume the same percentages as at the time when the patents were first bought, we calculate Apple could recognize a gain of about $392 million, which equates to roughly $0.05 in EPS... assuming EMC's original stake was 5 percent, it would equate to a gain of roughly $34 million or $0.02 in EPS in the March quarter."

The analysts see the sale of Rockstar Consortium patents as an indication of a less litigious posture within the industry.