Apple (AAPL) will pay $60M to settle a trademark dispute with Hong Kong computer monitor maker...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL) will pay $60M to settle a trademark dispute with Hong Kong computer monitor maker Proview over the iPad name. The lawsuit had hampered sales and delayed the launch of the new iPad in China, and the court-mediated settlement now will allow AAPL to get on with selling its popular tablet PC in one of its most important markets.