Court Blocks Samsung Galaxy Tab 10.1 Sales in U.S. (AAPL)

Article Stock Quotes (1) Comments (0)

Apple (Nasdaq: AAPL) won a court order blocking U.S. sales of the Samsung's tablet, Galaxy Tab 10.1. The block, issued by a court in California, goes into effect immediately. Disputes between Apple and Samsung continue to heat up as the two companies face off in the smart phone and tablet market.

"This is an extension of their fight in the smartphone space," Kim Young Chan, a Seoul-based analyst at Shinhan Investment Corp. told Bloomberg. "If you look at precedents, different cases yielded different rulings. As long as smartphones aren't blocked, Samsung's fundamentals will stay intact."

Quarterly sales of the Tab 10.1 in the U.S. may total about 300,000 units on average, Kim said.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• Apple (AAPL) Bolsters Apple TV Offerings with HBO GO, WatchESPN
• Apple (AAPL) Awarded $30M iPad Contract from LA Unified School District
• Depomed (DEPO) Reports Submission of ANDA for Generic Zipsor

Create E-mail Alert Related Categories

Corporate News

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?