Monday, August 27, 2012

Samsung loses $15bn is it now a buy?

I have seen a lot of headlines today that seem to imply Samsung Corp lost a lot over the Iphone patent jury verdict. The facts though do not support such a move, see chart below showing that as short a time ago as June Samsung was well below today even after the drop. I also think Samsung will appeal as the verdict was given in a Silicon Valley court packed with Jobs disciples and I think was unfair on Samsung. If the Apple case can hold then Henry Fords descendants can rightly go to court and claim they had a patent on a box with 4 wheels that drove on the road. One cannot in my opinion "patent" a square with rounded corners. By its nature a "hand held" device must have certain things in common. I would agree though about pinch and expand if that is truly an Apple patent. At this point the fall out is early days, will Samsung now have to withdraw all its phones from the USA? I f so the fall we have seen is not the end of the story. Personally I will play "wait and see" right now.


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