Apple (AAPL) Receives Favorable Decision in Smartflash Patent Case
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Price: $345.86 +1.43%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
Revenue Growth %: +10.6%
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Apple (NASDAQ: AAPL) has won a verdict in a dispute over Smartflash patents.
Bloomberg said the US Patent and Trademark Office invalidated one of the claims in a $533 million suit.
The Patent Trial and Appeal Board said that the patent isn't eligible for patent protection because it seeks to cover “abstract idea."
The patent challenge was originally filed by Samsung.
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