Apple (AAPL) Shares Higher as Samsung's Galaxy 10.1 Tab Still Barred from U.S. Shipment
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According to reports, Samsung's appeal to put a hold on a court order barring sales of its Galaxy 10.1 tablet was denied.
The ruling came on June 29th as Samsung continues its battle with Apple Inc. (Nasdaq AAPL) in patent litigation over tablets and smartphones. Another trial on the matter is set for July 30th in the U.S. District Court, Northern District of California (San Jose).
Commenting, a Samsung spokesperson said, "We believe today’s ruling will ultimately reduce the availability of superior technological features to consumers in the United States." No details on what the superior features were.
One of the remarks by the Judge in the case said the order would remain in place due to Samsung saying minimal impact would be observed due to the larger amount of tablets it ships to the U.S., while the impact on Apple would be much more substantial.
Shares of Apple are indicated higher in early trading.
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The ruling came on June 29th as Samsung continues its battle with Apple Inc. (Nasdaq AAPL) in patent litigation over tablets and smartphones. Another trial on the matter is set for July 30th in the U.S. District Court, Northern District of California (San Jose).
Commenting, a Samsung spokesperson said, "We believe today’s ruling will ultimately reduce the availability of superior technological features to consumers in the United States." No details on what the superior features were.
One of the remarks by the Judge in the case said the order would remain in place due to Samsung saying minimal impact would be observed due to the larger amount of tablets it ships to the U.S., while the impact on Apple would be much more substantial.
Shares of Apple are indicated higher in early trading.
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