Market Overview

Jury Awards Apple $1.05B in Samsung Patent Dispute

Share:
Jury Awards Apple $1.05B in Samsung Patent Dispute
Related AAPL
Happy 10th Birthday, iPhone. Now What?
The App Store Is The Jewel In Apple's Services Crown, But Has Its Growth Peaked?
EU's Antitrust Attack On Google Is Really An Attack On U.S. High-Tech Innovation (Investor's Business Daily)
Related SSNLF
Breaking Down Domino's Strategy: Simple Product, Elaborate Experience
Investors Love The Stocks In This Emerging Market ETF

A San Jose, CA jury said late Friday the Samsung (SSNLF) had infringed on multiple Apple (NASDAQ: AAPL) patents and ordered the Korean Electronics giant to pay $1.05 billion in damages. The jury agreed that Samsung copied the designs of Apple's iPhone smartphone and iPad tablet.

Apple shares surged $11.73 after-hours on the news.

Posted-In: News Legal Global After-Hours Center Movers Tech

 

Related Articles (AAPL + SSNLF)

View Comments and Join the Discussion!