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

4-Traders Homepage  >  Equities  >  Nasdaq  >  Apple Inc.    AAPL


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 ian.sherr@dowjones.com

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 INC.
06:44p APPLE : More management shake-up at Bridgewater as Dalio drops co-CEO role
05:14p DOW CROSSES 21,000 THRESHOLD : facts & figures
04:32p Accenture - MOBGEN, Part of Accenture Digital, to Showcase Shell and Jaguar L..
03:53p APPLE INC. (NASDAQ : AAPL) Files An 8-K Submission of Matters to a Vote of Secur..
03:04p APPLE INC : Submission of Matters to a Vote of Security Holders (form 8-K)
01:36p KNICKET APP SEARCH / ECHTZEITEN GMBH : A superfast, intuitive app search engine ..
11:13a APPLE : OKI Europe Enhances its New Colour Portfolio with MC563dn; A4 Colour MFP..
01:11a APPLE : Disruption in Amazon's cloud service ripples through internet
02/28 APPLE : iPhone may be mature, but it's still bearing fruit
02/28DJBehind Buffett's $18 Billion Apple Bet -- WSJ
More news
Sector news : Computer Hardware - NEC
02/27DJMARKET SNAPSHOT : Dow Posts 11th Straight Record; S&P 500 Sees Fifth Straight We..
02/24DJMARKET SNAPSHOT : Dow Poised To Snap Record-setting Streak, As Stock Futures Slu..
02/24DJMARKET SNAPSHOT : Dow Poised To Snap Record-setting Streak, As Stock Futures Slu..
02/24DJMARKET SNAPSHOT : Dow Poised To Break 10-day String Of Record Closes
02/23 China's Legend, buyout funds preparing final bids for Allfunds Bank - sources
More sector news : Computer Hardware - NEC
News from SeekingAlpha
02:48p Jury verdict against Apple requiring $533M payment to Smartflash discarded
07:00a WALL STREET BREAKFAST : Snap Pricing On Stage Tonight
03:10a Cook sees tons of revenue from 'future stuff'
02/28 Qualcomm Is A Buy, But I'd Wait For A Greater Margin Of Safety
02/28 RETIRE ON DIVIDENDS : Can You Still Build A High Yield Portfolio For Retirement?
Financials ($)
Sales 2017 228 276 M
EBIT 2017 61 192 M
Net income 2017 46 903 M
Finance 2017 163 065 M
Yield 2017 1,69%
P/E ratio 2017 15,35
P/E ratio 2018 13,59
EV / Sales 2017 2,43x
EV / Sales 2018 2,18x
Capitalization 718 724 M
More Financials
Duration : Period :
Apple Inc. Technical Analysis Chart | AAPL | US0378331005 | 4-Traders
Full-screen chart
Technical analysis trends APPLE INC.
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 48
Average target price 141 $
Spread / Average Target 3,1%
Consensus details
EPS Revisions
More Estimates Revisions
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.18.23%718 409
HP INC18.94%29 842
More Results