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Apple Gets A Boost After Appeal In iPhone Case Accepted By IP Court

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Apple Gets A Boost After Appeal In iPhone Case Accepted By IP Court

Apple Inc. (NASDAQ: AAPL)'s stock sold off last week after reports surfaced the company was ordered by the government in Beijing, China to halt sales of iPhone 6 and iPhone 6 devices in the city.

According to China Daily, Beijing's intellectual property court accepted an appeal by Apple to review the ruling behind the sales ban.

The sales ban was justified on the belief that the iPhone 6 and 6 Plus devices are too similar to the 100C - a smartphone manufactured by China-based Shenzhen Baili. A court ruling made the verdict to ban iPhone 6 sales back in May but was only recently reported by Chinese media sources.

Related Link: Munster On Apple: Beijing's iPhone Ruling Irrelevant To Numbers

An Apple spokesman was quoted by the publication as saying that iPhone 6, 6 Plus, 6s, 6s Plus and SE iPhone devices are "all available for sale today in China."

"We appealed an administrative order from a regional patent tribunal in Beijing last month, and as a result the order has been stayed pending review by the Beijing IP Court," the Apple spokesman also said.

Shares of Apple were trading higher by more than 1 percent at $96.20 after Monday's opening bell.

 

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