Apple: This Must Be Banned

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Apple’s (NASDAQ:AAPL) bid for a Samsung sales ban was denied back in October, but the tech giant isn’t giving up easily on the prospect of getting Samsung’s Galaxy Nexus smartphone off shelves in advance of a trial set for March 2014. The three panel judges in question voted unanimously against the request, but Apple officials are hoping to reverse the decision by turning to the full Federal Circuit Court of Appeals, which has nine active judges. This “en banc” review of a case could be difficult to obtain, because no third parties have filed briefs in favor of Apple’s bid.

Should you buy or sell Apple’s stock ahead of earnings this month? Our 20-page proprietary analysis will help you save time and make money. Click here to get your SPECIAL REPORT now.

Apple claims that Samsung has already sold 22.7 million devices that infringe upon their patents, but judges ruled that there was not enough evidence of a “causal nexus” between iPhone sales and infringed patents to make a sales ban justified.

Save time and make money with our LOWEST ADVERTISED PRICE EVER to help you achieve your financial goals in 2013. This is a LIMITED TIME OFFER, so get your Stock Picker Newsletter now!

Apple already won $1.05 billion from Samsung last year in a California federal court ruling, and many believe that the current fight is actually a proxy war between Apple and Google (NASDAQ:GOOG), since Samsung’s devices run on the company’s Android operating system, once declared by Steve Jobs to be a “stolen product.”

Don’t Miss: Apple: Can Low Expectations Be a Good Thing?

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business