Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Apple    AAPL

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

Apple, HTC Settle Patent Dispute, Sign Licensing Pact

share with twitter share with LinkedIn share with facebook
share via e-mail
11/11/2012 | 04:18am CET
   By Ian Sherr 

Apple Inc. (>> Apple Inc.) and HTC Corp. (>> HTC CORP) announced a broad 10-year licensing agreement that settles all of the lawsuits between the companies around the world.

The two companies said late Saturday the agreement covers current and future patents for both firms. More specific terms of the deal were not disclosed.

"HTC is pleased to have resolved its dispute with Apple, so HTC can focus on innovation instead of litigation," Peter Chou, HTC's chief executive, said in a statement.

Tim Cook, Apple's chief executive, also expressed relief in a statement. "We will continue to stay laser-focused on product innovation," he said.

An Apple spokesman declined to comment further about the agreement. An HTC spokeswoman also declined to provide specifics of the deal but said the company does not expect the license agreement to have an adverse material impact on the company.

The broad patent deal comes after HTC suffered several legal setbacks, such as a decision from the U.S. International Trade Commission that said Apple's iPhone and iPad mobile devices hadn't infringed HTC's patents. The Taiwanese handset maker had put a lot of effort into its litigation, including a $300 million cash acquisition of S3 Graphics Co., which HTC said was purchased with the intention of using that company's patents in its ongoing legal battles. In a separate case, the ITC found HTC's phones infringed Apple's patents.

In striking the settlement, HTC joins Nokia Corp. (NOK, NOK1V.HE) as handset makers that have settled litigation with Apple. Nokia's settlement, announced last summer, included a payment from Apple.

The settlement comes as Apple has become an epicenter of a global patent war among industry titans, including Samsung Electronics Co. (SSHNY, 005930.SE) and Google Inc.'s (>> Google Inc) Motorola handset unit.

Apple was asked several times to attempt a settlement with Samsung during its high-profile case in a California court several months ago. Heads of both firms held talks but were unable to strike a deal. Apple ultimately won the case, with a jury awarding it $1 billion in damages. Samsung said it will appeal that decision.

Mr. Cook has expressed interest in settling those cases as well, on conference calls and in interviews, but so far neither Apple or its remaining courtroom opponents have been able to reach agreements.

Write to Ian Sherr at [email protected]

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Apple Inc., Google Inc, HTC CORP
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on APPLE
07:28a APPLE : VCA supervises slowing down of iPhones
04:00a U.S. product lets investors triple bet on popular tech stocks
01:51a APPLE : Tim Cook joins his 'hero' Malala Yousafzai to fund global education for ..
01/22 THE MONDAY NEWS BRIEFING : An at-a-glance survey of some top stories
01/22 APPLE : Cook, Malala launch girls learning plan
01/22 APPLE : CEO Tim Cook makes 1st visit to Canada, visits Toronto students
01/22 APPLE : partners with Malala Fund to fight for girls' education
01/22 APPLE : Malala, Apple Chief Executive Meet in Beirut to Announce Education Partn..
01/22 APPLE : joins Malala Fund for girls` education in India, world
01/22 APPLE : Malala Fund team up to support girls in education
More news
News from SeekingAlpha
03:11a A Look At The Lithium-Ion Battery Recycling Industry And Companies
01/22 Samsung Electronics 2018 Capex Could Be Bad For Competitors, Great For Suppli..
01/22 GENERAL ELECTRIC : Lessons In KISS Investing
01/22 Apple Bears Right On Time
01/22 Optioning For Profits
Financials ($)
Sales 2018 273 B
EBIT 2018 74 882 M
Net income 2018 57 647 M
Finance 2018 161 B
Yield 2018 1,47%
P/E ratio 2018 15,46
P/E ratio 2019 14,42
EV / Sales 2018 2,73x
EV / Sales 2019 2,61x
Capitalization 909 B
Duration : Period :
Apple Technical Analysis Chart | AAPL | US0378331005 | 4-Traders
Technical analysis trends APPLE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 39
Average target price 188 $
Spread / Average Target 6,0%
EPS Revisions
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer, SVP & VP-Human Resources
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE5.45%908 773
HP INC12.80%39 239