One of the biggest buzz of this year is about to come true. Come June 2014 and you did be able to see yet another Internet giant joining the arenaread more...
Apple’s Patent Victory Over Samsung
The Long going patent issues between Apple and Samsung finally ended when the Judge took his decision against Samsung and in favor of Apple. Samsung would now have to pay $1 bn to Apple.
Further court also ordered to re-examine the Android Operating system weather the patents relate to core Android.
The failure of Samsung may lead to decrease in sales of Android as Apple also appealed that the sales of some of the most popular Samsung phones like Galaxy S2, Galaxy S 4G and some others should be restricted from selling. However Samsung Galaxy S3 is not restricted from being sold.
The decision of the court could affect the selling of android at a wide range as the rival of Android, windows phone can now have an advantage. Windows phone is now easily available for the manufacturers and so it is expected that more windows phone can be seen in the coming future.
After this decision, the shares of Samsung dropped by 7.5% which is huge drop for Samsung after the year 2008. Simultaneously the shares of Nokia increased by 7.7%.