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Wednesday, 29 August 2012 16:02

Apple's $1B patent verdict could corner market

SAN JOSE, Calif. - It was the $1 billion question Saturday: What does Apple Inc.'s victory in an epic patent dispute over its fiercest rival mean for the U.S. smartphone industry?

Analysts from Wall Street to Hong Kong debated whether a jury's decision that Samsung Electronics Co. ripped off Apple technology would help Apple corner the U.S. smartphone market over Android rivals, or amount to one more step in a protracted legal battle over smartphone technology.

Many analysts said the decision could spell danger for competitors who, like Samsung, use Google Inc.'s Android operating system to power their cellphones.

Published in Tekk

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