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August 28, 2012 01:55 pm GMT
We still have to wait and see how the jury's ruling against Samsung over Apple patentswill play out for the company in terms of actual fines, injunctions -- and crucially -- future device design for the handset giant. But for now the markets have spoken. Share prices for Samsung Electronics fell by 7.5% yesterday, equating to a $12 billion loss in market value. However, it looks like this was a single big hit rather than the start of a series of sustained blows for the Android handset maker: today, shares are still trading down, but not by nearly as much: 3.65%, giving it a market cap of $159.38 billion.Samsung's loss was really Apple's gain, although others like Nokia and RIM got a bump, too.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qMQMZpVUdf4/
Patent Case Aftermath: Samsung Down By $12B (And Still Slumping) While Apple, Nokia, RIM All Gain
We still have to wait and see how the jury's ruling against Samsung over Apple patentswill play out for the company in terms of actual fines, injunctions -- and crucially -- future device design for the handset giant. But for now the markets have spoken. Share prices for Samsung Electronics fell by 7.5% yesterday, equating to a $12 billion loss in market value. However, it looks like this was a single big hit rather than the start of a series of sustained blows for the Android handset maker: today, shares are still trading down, but not by nearly as much: 3.65%, giving it a market cap of $159.38 billion.Samsung's loss was really Apple's gain, although others like Nokia and RIM got a bump, too.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qMQMZpVUdf4/
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