Monday, August 27, 2012

Google Inc (NASDAQ:GOOG) Breaks Silence on Apple (AAPL) Verdict

Google Inc (NASDAQ:GOOG), whose Android operating systems power Samsung Electronics devices, has broken its silence on the defeat of the Korean company in its patents battle with Apple Inc.(NASDAQ:AAPL) in a jury verdict on Friday.

The Internet search giant put out a statement which looked like it was distancing itself from the whole legal battle.

In a statement to The Verge the company said, "The court of appeals will review both infringement and the validity of the patent claims. Most of these don't relate to the core Android operating system, and several are being re-examined by the US Patent Office. The mobile industry is moving fast and all players -- including newcomers -- are building upon ideas that have been around for decades. We work with our partners to give consumers innovative and affordable products, and we don't want anything to limit that."

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The Android mobile operating run on more than half of all smartphones sold in the world and has gained market share in a remarkably short time, chiefly because of the millions of apps that are available for download and also because it can be customised to suit each handset manufacturer. Its lower cost has also made it a hit with handset makers who target the lower end of the customer segment.

Google has been quietly supporting all the equipment makers with whom it is partnering, though it does not get directly involved in any way in their patents disputes.

Analysts and observers are seeing the victory for Apple as a defeat for Google and its Android operating software.

The prevalent feeling is that OEMs might be wary of Apple proceeding against them and might find it safer to partner with a strong company like Microsoft which has a strong patents team backing its intellectual property rights.

Shares of GOOG slumped 1.42% to $669, while AAPL’s shares rose 2.07% to $676.97.

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