Investing
What's Important in the Financial World (10/18/2012)
Published:
Last Updated:
Apple vs. Samsung
The intellectual property lawsuits between Apple Inc. (NASDAQ: AAPL) and Samsung continue to go back and forth. The latest court decision hurts Apple. A U.K. court said that the Samsung Galaxy tablet did not infringe on any Apple patents. According to Reuters:
The Court of Appeal upheld its judgment that despite some similarities, Samsung did not infringe Apple’s design, in part because its products were “not as cool” as the iPad.
The U.S. company was instructed to run ads saying the Korean company did not copy the iPad, both on its website and in selected newspapers.
Tablet Wars Heat Up
The tablet wars will continue to heat up if rumors are right that Google Inc. (NASDAQ: GOOG) will release a $99 machine. Although it may not be as feature rich as current products from Microsoft Corp. (NASDAQ: MSFT) — the Surface — and Amazon.com Inc. (NASDAQ: AMZN) — the Kindle — as well as the iPad, the price alone will cause some consumers to reevaluate what features they need and what they should pay for them. CNET reports:
The company is currently working with Taiwan-based Quanta Computer to produce a $99 Nexus tablet boasting a single-core processor that will launch by the end of this year, Digitimes is reporting today, citing sources. According to the tech-news blog’s sources, the tablet isn’t being developed in partnership with Asus, the company that helped Google build its Nexus 7. The cheaper tablet is, at least right now, separate from the Nexus 7 lineup.
Digitimes reported on the possibility of a new Nexus tablet last month, saying that Google was prepping a version that would cost $99, as well as another that would retail for $199. At that time, the blog indicated that the device would be called the Nexus 7 and would be developed in partnership with Asus. Its sources seem to indicate now that neither of those are claims are true.
Soon, to get market share and sell ancillary products, these companies will give the devices away for free.
Douglas A. McIntyre
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
