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 Inc.    AAPL

APPLE INC. (AAPL)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
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
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
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on APPLE INC.
10:28a APPLE : Premier Asset Managment Lowered By $813,165 Its Apple Computer Com (AAPL..
05/29 FROM THE MOON TO KANSAS TO SOTHEBY'S : Bag could bring $2 million-plus at auctio..
05/29 Intel - Envision a World with Thunderbolt 3 Everywhere
05/29 NOKIA OYJ : Resolutions of the Nokia Annual General Meeting 2017
05/29 QUALCOMM : Sues Back Apple Suppliers
05/29 APPLE : Apples new HQ is capable of generating 17 megawatts of solar electricity
05/29 MICROSOFT : Intel partners with Microsoft for increased Thunderbolt 3 support on..
05/29 APPLE INC. (NASDAQ : AAPL): iPhone Saves Woman’s Life in Manchester Arena ..
05/29 APPLE : Publishers call for rethink of proposed changes to online privacy laws
05/29 Gazprom executive to meet EU antitrust chief, may have to improve concessions
More news
Sector news : Computer Hardware - NEC
05/26DJLENOVO : Resets to Regain Its PC Crown -- WSJ
05/25DJLENOVO : China's Lenovo Reboots After Losing PC Crown to HP
05/25 LENOVO : China's Lenovo says will not phase out its own phone brand
05/25DJLENOVO : 4Q Net Profit Down 41% to US$107 Million
05/25 HP : results beat in 'breakthrough' quarter for PC, printers
More sector news : Computer Hardware - NEC
News from SeekingAlpha
05/29 BIOTECH FORUM DAILY DIGEST : Headwinds Remain. Spotlight On MediWound
05/28 Google's Very Weak Excuse
05/27 Apple, too, is working on a dedicated AI chip
05/27 Apple Uses Its Chip Expertise To Move Ahead In AI
05/26 Apple developing AI-focused chip
Advertisement
Financials ($)
Sales 2017 226 899 M
EBIT 2017 60 709 M
Net income 2017 46 767 M
Finance 2017 164 970 M
Yield 2017 1,53%
P/E ratio 2017 17,21
P/E ratio 2018 14,79
EV / Sales 2017 2,80x
EV / Sales 2018 2,44x
Capitalization 800 898 M
More Financials
Chart APPLE INC.
Duration : Period :
Apple Inc. Technical Analysis Chart | AAPL | US0378331005 | 4-Traders
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 48
Average target price 155 $
Spread / Average Target 0,79%
Consensus details
EPS Revisions
More Estimates 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 & Senior Vice President
Kevin M. Lynch Vice President-Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
APPLE INC.32.63%800 898
HP INC24.46%31 229
HEWLETT PACKARD ENTERP..-18.63%31 215
SEAGATE TECHNOLOGY PLC11.42%12 616
PEGATRON CORPORATION--.--%7 867
LENOVO GROUP LIMITED2.75%6 914
More Results