Since the Apple Inc.(NASDAQ:AAPL) vs. Samsung verdict
last week, there have been several new developments related to the
case. December 6 has been set as the day
when the court will hear Apple’s request for a permanent injunction against
Samsung’s smartphones.
This is likely to postpone the fallout of last week’s
verdict for both the companies. Apple
seeks preliminary injunctions against 8 Samsung devices and will fight for
their permanent ban. Whether the hearing
on this issue, which had been originally scheduled for September 20, will also
be postponed is not clear.
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The judge who made the announcement, Lucy Koh, mentioned in
the order that it would be appropriate to consolidate all the post trial
motions, instead of having them one at a time.
Then there is Samsung’s request to do away with the ban on its Galaxy Tab
10.1 which is also scheduled to be heard on September 20. The jury was with Samsung on this issue.
Last week, a U.S. jury had imposed a $1.05 billion fine as
damages on Samsung after finding it guilty of copying features of Apple’s iPad
and iPhone without permission; this had been considered as a huge victory for
Apple.
Investor worry over the possible impact on Samsung’s smartphones
sales in the holiday season later this year resulted in a sharp dip in the
price of the Samsung scrip as soon as the verdict came in. The stock however bounced
back and the price is now just 4.6% below the price before the verdict.
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