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Apple scores $1B win vs Samsung

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  • Apple scores $1B win vs Samsung

    STOCK OF THE DAY
    Apple (AAPL) Scores a $1 Billion Win Against Samsung
    After years of legal wrangling, Apple (AAPL: Analysis) finally scored a decisive blow against nemesis Samsung last week, after a jury declared that Samsung owes Apple at least $1.049 billion for intellectual property violations.

    The jury found that all three of Apple's iOS disputed patents were valid and had been knowingly infringed upon by a wide variety of Samsung smartphones. Samsung was also found guilty of copying Apple's "trade dress," or the exterior appearance, of the original iPhone and the iPhone 3G. Samsung, which counter-sued on the same basis, lost all of its primary arguments, with the jury deciding that Apple had infringed on none of Samsung's patented technologies, which include 3G networking technologies. Yet despite this victory for Apple, the jury didn't think that Samsung had copied the iPad's interior or exterior designs.

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