Although Apple said Wednesday it would appeal its loss in the Department of Justice's ebook pricing conspiracy case, the consensus among legal eagles is: good luck, but bring your check book. In her ruling yesterday, U.S. District Court Judge Denise Cote described the iBooks maker as the ringleader in a conspiracy to undercut Amazon's choke hold on the market for electronic books.
Apple's loss yesterday means the company faces triple damages. Despite Cote's wishes to assess damages soon, that phase could be delayed for months more as Apple asks an appeals court to overturn the ruling. But reversing the judge is likely an uphill battle as Apple seeks to do some PR damage control...