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DOJ backs Apple in Samsung case; Watch Nike+ Series 3 now in stores

Published 10/05/2017, 03:16 PM
© Reuters.  DOJ backs Apple in Samsung case; Watch Nike+ Series 3 now in stores
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  • The U.S. Department of Justice recommends against the Supreme Court reviewing a 2014 patent infringement case between Samsung (KS:005930) (OTC:SSNNF, OTC:SSNLF) and Apple (NASDAQ:AAPL), according to CNET.
  • The 2014 verdict awarded Apple nearly $120M for Samsung’s infringement on data detector and “slide to unlock” patents.
  • Samsung appealed and had the fine overturned but a review reversed that decision and the court wouldn’t hear a second appeal.
  • Samsung asked the Supreme Court to look at the case in March of this year. Apple responded in May with an argument that the Court doesn’t need to do a review. The DOJ has now sided with Apple.
  • In more good news for Apple, the Watch Nike+ Series 3 models are now in stores and pair well with yesterday’s software update to fix the LTE connectivity issues.
  • Apple shares are up 1.18%.
  • Previously: Apple inches closer to India retail store, iPhone unit (Oct. 5)
  • Now read: What Could I Realistically Make If I Invested In Apple Today?


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