Friday, November 18, 2011

MacDailyNews: Apple faces $2.7 billion in lost sales if German court rules in favor of Motorola Mobility in patent case

MacDailyNews
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Apple faces $2.7 billion in lost sales if German court rules in favor of Motorola Mobility in patent case
Nov 18th 2011, 18:34

Nov 18, 2011 - 01:50 PM EST — AAPL: 377.46 (+0.05, +0.01%) | NASDAQ: 2581.81 (-6.18, -0.24%)

Friday, November 18, 2011 · 1:34 pm · 1 Comment

"Apple Inc. said it may face as much as 2 billion euros ($2.7 billion) in lost sales if a German court rules in favor of Motorola Mobility Holdings Inc. in a patent-infringement case over mobile devices" Karin Matussek reports for Bloomberg.

"Apple lawyers argued at a hearing in Mannheim that if Motorola Mobility won the case and received an order that forced Apple to halt sales of some products, Motorola Mobility should post the amount in a bond to cover any damages caused while the case is on appeal," Matussek reports. "Apple denies infringing the Motorola Mobility patent, which relates to e-mail account synchronization."

Matussek reports, "The court will issue a ruling on Feb. 3."

Read more in the full article here.

[Thanks to MacDailyNews Reader "Sarah," "Judge Bork," and "Lynn Weiler" for the heads up.]

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