Telecom & Wireless

Does the iPhone Settlement Mean Anything? (AAPL, CSCO)

Cisco Systems (CSCO) and Apple (AAPL) announced that they have resolved their dispute involving the "iPhone" trademark and now both companies are free to use the "iPhone" trademark on their products globally.

The trademark rights have been granted and each will dismiss any pending action or litigation.  Cisco and Apple will also explore opportunities for interoperability in the areas of security, and consumer and enterprise communications; but terms of the agreement are confidential.

This is one of the issues that was probably over before it started, although Cisco had to act like it was going to be tough and fight it out.  What is an iPhone?  Cisco could sell one and it would instantly be thought of as their cool web-IP phone with real-time video conferencing, and Apple could sell one and it would instantly be known as the cool iTunes phone with web functionality. Neither one really takes away from the other’s brand. In short, Apple could have ended up calling this the ap-Phone, the tunesphone, or whatever.  Each iPhone was going to be a success regardless of the name and the differences, and it still will be for both iPhones.  Next Issue, Please!

Jon C. Ogg
February 22, 2007

The Average American Is Losing Momentum on Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4%* today. Checking accounts are even worse.

But there is good news. To win qualified customers, some accounts are paying nearly 10x the national average! That’s an incredible way to keep your money safe and earn more at the same time. Our top pick for high yield savings accounts includes other benefits as well. You can earn up to 3.80% with a Checking & Savings Account today Sign up and get up to $300 with direct deposit. No account fees. FDIC Insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes to open an account to make your money work for you.

* https://www.fdic.gov/national-rates-and-rate-caps

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.