Samsung Bests Apple (AAPL) in Australian Patent Battle
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $314.48 +0.35%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Join SI Premium – FREE
Samsung is said to have won a court battle in Australia which will allow the company to keep selling its Galaxy Tab 10.1.
Some early holiday cheer came Samsung's way Friday when the South Korean electronics maker won a battle with Apple (Nasdaq: AAPL) over sales of the device in Australia. Apple and Samsung have been embroiled in patent disputes with each other since at least early 2011, and rulings have been mixed all around, but largely in favor of Apple in most European countries.
The Australia High Court is said to have lifted a ban on sales of the Galaxy Tab 10.1, saying it didn't infringe on Apple's patents for the iPad, or otherwise.
The ban on sales of the Galaxy Tab in Australia has been in effect since July.
Apple and Samsung have been through about 30 legal cases, spanning 10 countries, over the last several months.
On Thursday Apple won a patent battle in France against Samsung, making today's victory somewhat bittersweet.
Some early holiday cheer came Samsung's way Friday when the South Korean electronics maker won a battle with Apple (Nasdaq: AAPL) over sales of the device in Australia. Apple and Samsung have been embroiled in patent disputes with each other since at least early 2011, and rulings have been mixed all around, but largely in favor of Apple in most European countries.
The Australia High Court is said to have lifted a ban on sales of the Galaxy Tab 10.1, saying it didn't infringe on Apple's patents for the iPad, or otherwise.
The ban on sales of the Galaxy Tab in Australia has been in effect since July.
Apple and Samsung have been through about 30 legal cases, spanning 10 countries, over the last several months.
On Thursday Apple won a patent battle in France against Samsung, making today's victory somewhat bittersweet.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple has talked to PrismML about ways it could use its technology - The Information
- Apple (AAPL) New Short Idea at Hedgeye
- Reckitt Unit Cleared By Jury In Premature-infant Formula Case - Bloomberg
Create E-mail Alert Related Categories
Insiders' Blog, LitigationSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
