Apple Fails in Request for Permanent Ban on Samsung Sales
December 18, 2012 by Paul Ausick
In a ruling filed last night, the federal judge in the appeal denied the ban, saying that Apple had not established a case for a permanent injunction on Samsung’s products. The test for this sort of injunction is whether or not the infringing features were the very ones that were driving consumer demand for Samsung’s products. Apple could not meet that (admittedly extremely stringent) test.
The ruling was not really a surprise. The judge in the case has said virtually guaranteed that the case will remain on its current path. She has denied Samsung’s request for a new trial based on alleged misconduct by the jury foreman and has postponed a ruling on Apple’s request to increase the amount of damages due from Samsung.
Last night’s ruling has had no discernible impact on Apple’s share price, which is up nearly 1% in mid-morning trading at $523.66 in a 52-week range of $387.26 to $705.07.
Paul Ausick
Take This Retirement Quiz To Get Matched With A Financial Advisor (Sponsored)
Take the quiz below to get matched with a financial advisor today.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the
advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Take the retirement quiz right here.