Results 1 to 2 of 2
08-24-2012 07:51 PM #1Addicted to new HW
Apple vs. Samsung Trial: The Verdict's in!
From MacRumors: Jury Finds Largely in Favor of Apple in Apple vs. Samsung Trial, Awards More than $1 Billion in Damages
Get rid of this ad below, as well as the link redirect by becoming a Supporting Pub Member
I thought this would take longer, and I didn't expect as many of Apple's patents to be upheld. But that's why I'm not a lawyer...
Click here to see my Equipment | SatelliteGuys.US is Folding@Home to help find cures to Serious Diseases. | Click Here for Complete FAH Stats | Click here for EOC Stats
SatelliteGuys.US is here to help. If you'd like to Help, too, Click Here to Become a Supporting Member...
08-24-2012 07:51 PM # ADSRegister Today & This Ad Goes Away! Syndicated Advertisement
- Join Date
- Advertising world
08-25-2012 01:10 AM #23D Stereographer
I was surprised too when I heard the news last evening.The after market trading caused a pop in Apple stock to +$12.
By contrast the South Korean double suit was also determined two days ago and this one had a more balanced outcome:
HONG KONG (MarketWatch) -- A South Korean court hearing mutual patent lawsuits between Samsung Electronics Co. and Apple Inc. delivered a split decision Friday, leaving analysts divided over whether either company emerged as a clear winner.
The three-judge panel ruled that Cupertino, Calif.-based Apple (AAPL) had violated two Samsung patents, while Samsung (005930) violated one of Apple's.
The Seoul Central District Court ordered both companies to halt sales of electronic products that infringe patents in South Korea.
It also ordered Apple to pay a nominal 20 million won ($17,650) for each of its patent violations, while Samsung was ordered to compensate Apple with 25 million won.
On balance, analysts said they were surprised by the scale of the sales ban.
Although the patent-infringement issues don't apply to either Samsung or Apple's latest products, they affect several devices launched in the last two to three years, such as Apple's iPhone 4, according to Sanford C. Bernstein analyst Mark Newman in Hong Kong.
There was no clear winner from the court's ruling, he said, calling it a "mixed bag" that would penalize both companies in certain respects.My You Tube Channel: