April 25, 2012 07:05 pm
Tim Cook Prefers Settling To Suing and Has a Huge Quarter
An anonymous reader writes "Apple's current legal battles with Samsung encapsulate a large number of patents, innumerable suits and counter-suits, and have resulted in legal motions across 11 jurisdictions across the globe. As you may remember, Steve Jobs in his biography was quite vocal about his intent to go thermonuclear on Android, vowing to spend every last dime in Apple's coffers to destroy Google's mobile OS. But Tim Cook is a bit more level headed about things, expressing during Apple's earnings conference call yesterday that he has has always hated litigation and would much rather prefer to settle than to battle in court. The caveat, of course, is that Cook doesn't want that Apple 'become the developer for the world.'" It may not be what Jobs would do, but as zacharye notes, it doesn't seem to be hurting earnings. "Despite early-morning jitters on Wall Street, Apple on Tuesday reported yet another blow-out quarter. The Cupertino, California-based company managed the second most profitable quarter in its history, posting a net profit of $11.6 billion on $39.2 billion in sales. Apple sold 35.1 million iPhones into channels last quarter, along with 11.8 million iPads, 7.7 million iPods and 4 million Mac computers. While the firm continues to dominate the technology industry — Apple is currently the most valuable company in the world — several analysts think Apple is just getting started." Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/_kV-cxu_OqM/tim-cook-prefers-settling-to-suing-and-has-a-huge-quarter
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