This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Why Apple Would Settle With Google

NEW YORK ( TheStreet) -- Patent litigation has become as much a part of technology as the next hot gadget, but at least two heavyweights embroiled in a patent dispute, Apple (AAPL - Get Report) and Google (GOOG), may be prepared to bury the hatchet.

Reuters reports that Apple CEO Tim Cook and Google CEO Larry Page have been in talks discussing the intellectual property issues between the companies, citing people familiar with the matter. Talks were held last week, the sources noted.

Patent litigation has been in the spotlight recently, with Apple winning a landmark case against Samsung over patents. A jury found Samsung guilty, and awarded Apple damages worth $1.05 billion. The judge who presided over the case, Judge Lucy Koh, has the right to increase the amount.

Samsung uses Google's Android operating system, so it may be in Google's best interest to settle with Apple. This could potentially limit any monetary outlays Google has to spend litigating, as well as potential awards that a jury might award Apple. Apple, for its part, would have less distractions to deal with, and could focus on product innovation, as opposed to product protection.

More talks between Cook and Page are expected to continue, according to the sources, but there's no love lost between the two companies. Former Apple CEO Steve Jobs called Android a "stolen product", and vowed to declare "thermonuclear war" to fight it. Apple has also been reducing its reliance on Google properties in its iDevices. The company announced its own Apple Maps as part of its new mobile operating system, and recently announced it would stop pre-loading YouTube on future iPhones.

If a patent settlement or truce does come to fruition, this may well be the biggest achievement to hit the technology sector since the microchip.

Interested in more on Apple? See TheStreet Ratings' report card for this stock.

-- Written by Chris Ciaccia in New York

>Contact by Email.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $129.36 0.00%
GOOG $573.64 0.00%
FB $79.60 0.00%
TSLA $199.56 0.00%
YHOO $42.62 0.00%

Markets

DOW 18,203.37 -85.26 -0.47%
S&P 500 2,107.78 -9.61 -0.45%
NASDAQ 4,979.9010 -28.1950 -0.56%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs