Saturday, August 25, 2012

Apple wins over Samsung on copyright lawsuit, awarded over $1 billion

 Live curious

Apple won an infringement suit in US court and was awarded $l billion in damages.  Billions of sales hang in the balance;  billions in sale of Samsung  and certain  Apple phones will be blocked in many markets.

Apple which just became the largest company in US in terms of market cap, rose 2% further on this news. 

The verdict meant that Samsung copied from Apple

Samsung and Apple has $5 billion in supply arrangement.

The android smartphones by Google may face challenges from Apple

Ateneo Innovation and Entrepreneurship "New ideas create more and better new products and services; create more wealth."

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