And the fallout from last week's Apple vs. Samsung verdict continues. Apple's stock opened this morning at an all-time high of $680 per share, with a market cap of $637 billion, and Samsung is down more than 7%.
But the Korean smartphone-maker says it isn't worried. After releasing a public statement over the weekend, Samsung posted a memo to its employees online vowing to continue to fight Apple's charges...
Whether or not Apple is granted an injunction preventing Samsung sales in the U.S. doesn't concern Wall Street. Following the iPhone maker's patent-infringement win against the South Korean company, the real question is whether this causes consumers to pause.
"The key question is whether operators/customers will be willing to buy infringing Samsung handsets/tablets if there is risk they may have to stop selling them in the future," writes Wells Fargo analyst Maynard Um. Indeed, Um sees the only risk now facing Apple is whether they'll have enough iPhone 5 handsets to meet "unprecedented demand."
Just in case you missed out on the excitement last week, the high-profile Apple vs. Samsung trial ended with a bang. After 21 hours of deliberation, the jury ruled in Apple's favor, awarding the company some $1 billion in damages.
Since then, we've heard official statements from both companies. Apple, of course, is thrilled with the outcome, while Samsung says it's a loss for the American consumer. And over the weekend, Google finally commented on the verdict...
Just as we expected, shortly after the jury handed down its verdict today, Judge Lucy Koh set a date for a preliminary injunction hearing. Apple has already won — some one billion dollars in damages — but now it's looking for sales bans.
The hearing is set for September 20th. And considering that the jury found several of Samsung's handsets, and two of its tablets, to be infringing on Apple's patents, it's very possible that we could see some products banned from the US...
Late this afternoon, the jury handed down a verdict in the US-based Apple vs Samsung trial. Samsung was found guilty of willfully infringing on several of Apple's patents, and will be forced to pay major damages.
Both companies have since released statements on the ruling. Apple, of course, is thrilled with the outcome, while Samsung says that it's a loss for the American consumer. And now, here's Tim Cook's response...
In case you've missed it this afternoon, the jury handed down a verdict in the Apple vs. Samsung trial. Samsung was found guilty of infringing on a number of Apple's feature and design patents, and has been asked to pay over $1 billion in damages.
Apple, on the other hand, was cleared of all of Samsung's infringement charges, and won't be forced to pay any kind of settlement. And now that both companies have had a chance to review the jury's decisions, they've released their statements...
The ongoing legal battle between the world's two largest phone manufacturers isn't anything new. For over a year now, both companies have been fighting on the marketplace, but also in the courtroom.
But things have been seriously heating up the last couple weeks with what is probably the most watched trial ever in the tech world, as both Samsung and Apple accuse each other of patent infringement.
And after 21 hours of deliberation, the jury has finally reached a decision...
This is pretty big: while the tech world awaits the verdict in the Apple vs. Samsung trial here in the US, a South Korea court has just ruled that both companies infringed on each other's patents.
What does that mean in terms of consequences? Well, each side has been ordered to pay damages, and both have been hit with injunctions to ban the sales of their infringing products in the country....
The high-profile patent trial between Apple and Samsung has exposed some pretty interesting intel on both companies. But the information brought to light tonight might be the best yet.
According to some new court filings, executives from the two tech heavyweights met in hopes of reaching a settlement back in 2010. And Apple actually offered Samsung a licensing deal...
With billions of dollars hanging in the balance, and both companies' reputations at stake, the Samsung-Apple trial is one of the most high-profile in history.
But you wouldn't know any of this unless you frequently visited tech sites, like iDB, or you happened to be watching tonight's episode of Conan O'Brien...
Apple has been granted an interesting new patent today that covers a personal shopping application. The app provides retail and pricing information based on user location and scanned barcodes.
The patent was published this morning by the United States Patent and Trademark Office. And if it's any indication of what Apple's working on, it could mean we're in for some nice surprises on the iWallet front...
It just doesn't seem like Apple's legal team can catch a break these days. Even when it's not fighting major handset-makers in high profile patent trials, it's still dealing with smaller lawsuits over Siri and other features.
And today we add another one to the list. A Taiwanese man is claiming that Apple's FaceTime service directly infringes on a patent he holds regarding "voice network personal digital assistant," and has just filed a lawsuit...