Thursday, October 11, 2012

Apple Inc. (NASDAQ:AAPL) Falls As Court Rules Samsung Can Sell Galaxy Nexus During Plea

The largest mobile-phone maker in the world, Samsung has won its bid to continue selling its latest Galaxy Nexus smartphone in the US. Meanwhile it is embroiled in battles involving patent-infringement accusations as filed by Apple Inc.(NASDAQ:AAPL).

The US Court of Appeals for the Federal Circuit has approved Samsung’s appeal to lift a ban set by lower court on sales. Samsung wishes to continue selling the phone while challenging a federal judges’ ruling as on 29th June that Apple was likely to win its lawsuit that claimed that Galaxy Nexus violated four Apple patents.
The lawsuit is a part of an international war between the two most important manufacturers of mobile phones that surf the Web, play video files and perform several other functions of a computer. The lawsuit includes several patents than the ones at the heart of $1 billion judgment Apple won against Samsung on 24th August in San Jose.

Apple argued that it is vital to keep the Galaxy Nexus out of the US market at the moment since most Americans have not yet switched to smartphones. Also, a product infringes features of Apple could steal clients from iPhone. A jury trial on the patent accusations is not slated to happen before March of 2014, as per the court docket.

A feature in the Nexus phone helps in data searches. It was an issue in an opinion that was revealed recently. The appeals court stated the district court had abused its discretions by deciding that Apple would be harmed due to the feature. The owner of the patent needs to express clearly that the infringing feature attracts consumers’ interest for the product in question.

Samsung is not affected by the court order as it makes other phone models. It said in filings that Apple has been sending intimidating letters to Samsung clients.

Shares of AAPL slumped 1.44% to $631.77.

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