Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Apple    AAPL

APPLE (AAPL)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Apple, HTC Settle Patent Dispute, Sign Licensing Pact

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/11/2012 | 04:18am CEST
   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
Stocks mentioned in the article
ChangeLast1st jan.
APPLE 0.44% 163.65 Delayed Quote.-2.36%
HTC CORP --End-of-day quote.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on APPLE
01:19aBarclays and Paypal announce tie-up as banks mull big tech threat
RE
12:11aQualcomm profit tops estimates on higher modem chip sales
RE
12:11aQualcomm profit tops estimates on higher modem chip sales
RE
04/25TIM COOK : Trump, top aides talk trade with Apple CEO Cook at White House
RE
04/25APPLE : Trump, top aides talk trade with Apple CEO Cook at White House
RE
04/25Qualcomm profit tops estimates on higher modem chip sales
RE
04/25TIM COOK TO MEET WITH TRUMP : Will they talk China?
AQ
04/25APPLE : Trump meets with Apple CEO at White House to talk trade
AQ
04/25Daimler joins China's Responsible Cobalt Initiative
RE
04/25STMicro sends upbeat signal on smartphone demand in second half
RE
More news
News from SeekingAlpha
04/25Apple Makes Perfect Sense For Dividend Growth Investors 
04/25WSJ : Speaker maker Sonos files confidentially for IPO 
04/25Trump and Apple's Tim Cook meeting today 
04/25Facebook Steps Up To The Earnings Plate, Comcast Bids For Sky (Wall Street Br.. 
04/25Cobalt Miners News For The Month Of April 2018 
Financials ($)
Sales 2018 261 B
EBIT 2018 69 360 M
Net income 2018 57 551 M
Finance 2018 142 B
Yield 2018 1,65%
P/E ratio 2018 14,28
P/E ratio 2019 12,53
EV / Sales 2018 2,67x
EV / Sales 2019 2,62x
Capitalization 838 B
Chart APPLE
Duration : Period :
Apple Technical Analysis Chart | AAPL | US0378331005 | 4-Traders
Technical analysis trends APPLE
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 191 $
Spread / Average Target 17%
EPS Revisions
Managers
NameTitle
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$)
APPLE-2.36%838 430
HP INC1.76%35 093
NOKIA OYJ25.06%33 320
MEITU INC--.--%4 631
WINGTECH TECHNOLOGY CO LTD-9.58%3 083
INTOPS CO LTD--.--%150