In a statement emailed to TheStreet, Samsung said the ruling will lead to fewer choices, less innovation and potentially higher prices. Apple, inevitably, has lauded the jury's decision.
Late on Friday, a jury in San Jose, Calif., awarded Apple $1.05 billion in the closely watched patent case, ruling that the Korean phone giant had "willfully" infringed a number of "valid" Apple iPhone patents.
The landmark case could have major implications on the technology landscape, bolstering Apple's confidence in the ongoing tech patent wars.With the fallout from Apple's legal tussle with Samsung now becoming apparent, we want to find out what TheStreet's readers think about the jury's decision.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts