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More on Apple-Samsung: The jury rules Samsung (SSNLF.PK) owes Apple (AAPL) $1.05B in damages....
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Friday, August 24, 2012, 7:15 PM ETMore on Apple-Samsung: The jury rules Samsung (SSNLF.PK) owes Apple (AAPL) $1.05B in damages. Apple has been declared innocent of all of Samsung's software patent infringement claims, and Apple has been barred by patent exhaustion from enforcing two patents. No damages for Samsung. AAPL +1.3% AH. Expect Samsung to open lower in Seoul on Monday. Mobile patent plays such as InterDigital (IDCC) and VirnetX (VHC) could rally on the verdict. (more) (live blog)
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the issue was never regarding money in any case. It was with respect to injunctive relief, i.e. whether the Judge's injunction against the Galaxy Tab can be extended across to Samsung's smartphone line-up. Will be interesting. The bulk of what samsung was found to have violate in terms of software parents, as opposed to design patents, is really violations by Android of Apple's software patents.
Yikes!! Now what about VHC? Hmmmm!
The lord giveth one minute....what a tangle web we've weaved???
It's Friday...jameson & ginger ale on the rocks please
And that $12.5B of cash pissed down the toilet for Motorola has done wonders to "protect" Android. Guffaw as in GMAO!
http://seekingalpha.co...
Apple has now become Microsoft, at least in the smartphone world.
Apple has just been handed the keys to the kingdom. The most powerful company of our time just got a whole lot more powerful. And if anyone knows how to leverage this magical windfall it is our guys in Cupertino. This is bad for ATT and Verizon. Certainly the end of all that nonsense about eliminatingg subsidies. Subsidies will get bigger. Profit margins will be squeezed at the telecoms.
The power Apple is going to accumulate from basically owning the high end of mobile can be leveraged elsewhere as well. Look for Apple to be over 800 by Christmas. Over 1000 by the end of 2013 or sooner.
How bout crus? I think they benefit greatly from this. Msft? Helps for sure as it will open a hole in the smartphone market but not sure if it will move the needle. The play, I think, to make the most from this are option calls on NOK. Very cheap. Probably not quite so cheap by the time you can buy them Monday, though not sure the understanding of how much this helps (rescues) Nokia will have become public knowledge early Monday. But for sure. Nokia/Microsoft smartphone will get more traction. If Latest Samsung smartphones are banned from USA for any significant time all hell is going to break loose. Even RIM may benefit.
Yikes. Monday is going to be one crazy day!
Long aapl. Long crus. Probably be short google sometime Monday and long NOK.
Happy trading.
Ever wonder why the Windows devices, from Nokia, and those same Windows smart phones even from Samsung and HTC are not being sued for patent infringement -- because Microsoft knows how to negotiate licenses as opposed to the brats from Googleplex who think they can steal from everyone and that it's their God-given right to steal.
next week.Next Fibonacci resistance $713 probably headed
there.