Here's how shares of various companies are faring in
the market in reaction to the jury
verdict by a San Jose federal court on Friday which awarded Apple
Inc.(NASDAQ:AAPL) more than $1 billion in damages and upheld its claims of
patents infringements against rival Samsung Electronics.
* Samsung shares fell 7.5 percent in Seoul, after the
jury dismissed its claims against Apple of violating its wireless technologies'
patents and held that it had copied the designs of Apple devices.
* Shares of Apple rose above 2 percent
* Shares of Google were trading down 1.23 percent.
Strictly, Google was not a party to the dispute,
but it is the main partner for Samsung, whose smartphones run on its Android
operating software. Speculation has risen that this verdict could dilute Android's
brand equity.
* Shares in HTC Corp, Samsung's rival and which also
partners with Google saw its shares falling 1.9 percent in Taiwan.
* There's no reason for Blackberry-maker Research in
Motion's shares to rise, since nobody feels that the company could gain in any
way from the verdict since it is not even in contention. But shares of the
company were trading up 3.2 percent, having risen more than 6 percent earlier.
* Nokia ADRs were up more than 8 percent in New York,
as it is seen as a direct
beneficiary of the verdict, further likely to gain if Apple gets the court
to put a ban on Samsung sales in the United States.
* Microsoft shares were up marginally at 0.7 percent.
The only other alternative
to Android is Windows software.
* Shares in chip maker Cirrus Logic were up 0.1
percent, earlier having risen more than 3 percent. It derives a large portion
of its revenues from Apple, especially the iPhone and anything that results in
higher sales of iPhone is a booster or the stock.
* Amazon's Kindle Fire is powered by Google's Android.
Its shares were down 0.3 percent.
* Shares in Universal Display were down 7.8 percent.
Samsung is the largest customer of the company, which provides its OLED
displays.
* Nuance Communications provides the underlying technology
for Apple’s Siri speech recognition feature. It shares rose 1.5 percent in
early trades.
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