A German court granted an injunction to Qualcomm (QCOM) banning the sale of certain iPhones in that country, a little more than a week after a Chinese court issued a similar ruling in the long-running dispute between the chipmaker and Apple (AAPL) .
Apple shares were falling slightly on Thursday morning while Qualcomm shares were up 1.1% to $57.29.
Qualcomm has sought a ban in Germany on the sale of iPhones with chips from Intel (INTC) . The German judge ruled that some iPhones containing chips from Intel and Qorvo (QRVO) infringed on Qualcomm's patents for a battery-saving feature.
Apple said it was disappointed by the verdict and plans to appeal, according to Reuters. The company also noted that all of its iPhones models would remain available through carriers and resellers in Germany, but that during the appeal process, iPhone 7 and iPhone 8 models would not be available at its German retail stores. Apple emphasized that its latest XS, XS Max and XR models would all remain available in all its stores in Germany.
Apple shares have tumbled in recent weeks amid concerns about weak iPhone sales and a broader tech sell-off.
Save 66% with our '12 Days of Holiday Deals' Sale. Join Jim Cramer's Action Alerts PLUS club for investors and get our best deal of the year. Click here for details or to sign up.