Archive for June 30th, 2012
Apple Wins Preliminary Injunction Against U.S. Sales of Samsung Galaxy Nexus
Just several days after Apple won a preliminary injunction prohibiting U.S. sales of Galaxy Tab tablet, news agency Reuters
"Apple has made a clear showing that, in the absence of a preliminary injunction, it is likely to lose substantial market share in the smartphone market and to lose substantial downstream sales of future smartphone purchases and tag-along products".
The new injunction is much more important victory for Apple than the injunction against Galaxy Tab sales, as evidenced by the bond in the amount of $95 million that Apple posted in order for decision to come into effect. The bond money would be paid to Samsung should the injunction be overturned by the court later.