Supreme Court to Hear Samsung Appeal vs. Apple (AAPL) in Design Patent Case
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Price: $347.10 +0.93%
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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The Supreme Court of the United States (SCOTUS) has elected to hear Samsung's appeal in its design patent case versus Apple (Nasdaq: AAPL).
The SCOTUS noted the item on its orders in pending cases today, which has been embedded below.
While Samsung agreed to a $548 million settlement last December, the company also retained all rights to obtain reimbursement from Apple
hence the appeal to the Supreme Court.
Shares of Apple are up 0.8 percent.
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