ruling marks an important victory for Apple against Android. Competitors may now think twice about how they compete Nike Black And White Sneakers
in smart mobility devices with the industry clear innovator, Barclays analyst Ben Reitzes wrote on Monday.
If Apple forces competitors to innovate more, it could take longer for competitive products to come to market, and make it more expensive to develop them.
Friday win strengthens Apple position ahead of the iPhone 5 expected Sept. 12 launch and could cement its market dominance as companies using Google Inc Android operating system two thirds of the global market may be forced to consider design changes, analysts say. jury found Samsung had copied critical features of he iPhone and iPad. The verdict could lead to an outright ban on sales of key Samsung products.
Apple Inc shares scored another record high on Monday after the iPhone maker Nike Shoes Gray And Pink clinched a resounding legal victory over arch foe Samsung Electronics Co Ltd that may change the dynamics of the booming mobile computing market.
The world most valuable company wasted no time seeking injunctions on its rivals gadgets, many of which have made headway on its home turf. On Monday, the company sought preliminary injunctions against eight older model smartphones, including the Galaxy S2 and Droid Charge.
jumping into hardware for the first time with the Nexus 7 and Microsoft touchscreen friendly Windows 8 coming in October, led by its Surface tablet. Samsung, which sold around 50 million phones between April and June almost twice the number of iPhones will have to pay damages equivalent to just 1.5% of the annual revenue from its telecoms business.
Apple shares hit all
Apple lawsuit had encompassed 28 devices, but many of the accused products are no longer widely available in the world largest mobile market. Many on Wall Street believe Apple has momentum behind it in the wake of its near complete triumph over the South Korean company on Friday.
Even Research in Motion which has hemorrhaged market share to Apple and Google climbed more than 5% in early trade before finishing 2% higher at $7.01. mobile industry is moving fast and all players including newcomers are building upon ideas that have been around for decades, Google responded in a Sunday statement.
work with our partners to give consumers innovative and affordable products, and we don want anything to limit that. verdict came as competition in the device industry is intensifying, with Google Shoes Nike For Girls 2018
While the victory does not cover new Samsung products including the Galaxy SIII, Apple will push its case on these products in the near term, Evercore Partners analyst Mark McKechnie said. Samsung lost about the same amount in market capitalization after its shares slid 7.5% in Seoul.
Google and its hardware partners, including the company own Motorola unit, could now face legal hurdles in their effort to compete with the Apple juggernaut.
evidence and weight of the case are heavily in Apple favor, said Jefferies Co analyst Peter Misek. expect there is a two thirds chance of an injunction against Samsung products. injunction hearing has been set for Sept. 20. District Judge Lucy Koh grants sales bans, Samsung will likely seek to put them on hold pending the outcome of its appeal.
Google shares closed 1.4% lower at $669.22 US. Microsoft Corp, a potential beneficiary if smartphone makers begin to seek out Android alternatives, ended up 0.4%. Nokia, which has Nike Pink Shoes
The victory for Apple which upended the smartphone industry in 2007 with the iPhone is a big blow to Google, whose Android software powers the Samsung products found to have infringed on patents.
verdict does not come as a surprise, wrote William Blair Co analysts. Apple perspective, Samsung market size position and its leadership in the handset world was something the company could no longer overlook, and viewing this as another is a form of flattery was not possible. such as Samsung, who we categorize as fast followers, have been viewed by the industry for their ability to quickly adopt the latest handset trends . rather than their ability to introduce fundamental innovation. by Sayantani Ghosh and Sruthi Ramakrishnan in Bangalore, Jennifer Saba in New York; editing by Joyjeet Das, Matthew Lewis and Richard Chang)
staked its future on Windows phones, gained 7.7%.
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