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.
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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.
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