- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Apple Inc. (NASDAQ:AAPL) must outline which Samsung (SSNLF.PK) devices it wants to have banned from being sold domestically after its historic and massive patent win. A hearing in this matter is provisionally scheduled for Sept. 20th. Samsung is appealing the main decision to the Court of Appeals for the Federal Circuit, but the odds are plainly against success there; according to the Associated Press, a mere 19 percent of cases handled through that venue in the 12 months that ended in March 2011 were overturned. On the other hand, since that date, Apple and Research In Motion Limited (NASDAQ:RIMM) have been able to get patent-related jury verdicts of $625 million and $147 million, respectively, thrown out. In the meantime, Samsung was down 6.9 percent in Seoul on Monday for obvious reasons. On the upside for Google (NASDAQ:GOOG), observers believe that Android may remain competitive even though it can’t use software patents that Samsung was declared to infringe, while others interpret Apple’s efforts to portray Samsung products as nothing but Apple clones providing Samsung with a marketing boost.
Don’t Miss: Apple: Rolling in the BILLIONS.
Research In Motion shares finally get a better day off Samsung’s misery as investors decide that the former benefits from the patent victory of Apple. However, Universal Display Corporation (NASDAQ:PANL) is on the losing side, as Samsung is its largest customer; the latter depends upon Universal’s materials from which to produce the organic light-emitting diode displays that are used in most of its top Android phones.
Don’t Miss: Who is PISSED At Apple Now?
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.