Apple’s $1B patent verdict could corner market
The Associated PressPublished Aug 25, 2012 08:05PM MDT
San Jose, Calif. • It was the $1 billion question Saturday: What does Apple Inc.’s victory in an epic patent dispute over its fiercest rival mean for the U.S. smartphone industry?
Analysts from Wall Street to Hong Kong debated whether a jury’s decision that Samsung Electronics Co. ripped off Apple technology would help Apple corner the U.S. smartphone market over Android rivals, or amount to one more step in a protracted legal battle over smartphone technology.
Many analysts said the decision c...