Apple Inc. (NASDAQ:AAPL) is said to be in another patent related discussion with Google Inc(NASDAQ:GOOG) over intellectual property issues, including the companies' disputes over mobile patents as per a report from Reuters.
Shares of Apple Inc was trading down 1.10% at $665.71 on a very low trading volume of 7.42 million shares as opposed to the average trading volume of 14.35 million shares. On Monday the share price had hit a new 52-week high of $680.87 after the Company was granted a favorable ruling in the patent war against Samsung was announced on last Friday after the market had closed.
Apple was awarded over $1 billion in damages. The court also ruled that Apple had not infringed on any of Samsung's patents. The primary software patents that Samsung infringed upon were for bounce-back scrolling and tap to zoom. This ruling has created high speculations of the various lawsuits over patents against Apple to end up in a settlement with the software changes being most likely the most competitive.
Get Live Free Rumors Here
Apple was also cleared of Samsung’s counter-claims over whether
Apple had infringed Samsung’s utility patents. The legal validity of Apple’s patents was also upheld. Samsung has announced plans to file a motion to overturn the verdict in US District Court. If unsuccessful, Samsung will likely appeal the decision to the 9th Circuit.
Apple has signalled it plans to file for an injunction against devices found to infringe at some point this week.
But, Samsung is expected to bring certain changes to the galaxy Tabs related to software modifications to devices to work around the patented software features in question. For devices that infringe on design patents, these devices may no longer be sold in the US; however, it does not appear that newer devices, including the Galaxy SIII are impacted.
But, Apple is also expected to seek injunctions on products that infringe upon Apple patents like it had done earlier while the patent lawsuit against Samsung was in process.
The outcome of these lawsuits impacts the 659 million unit smartphone market. As for the tablet market, the total market opportunity is 112 million units in 2012E.