NEW YORK (

TheStreet

) --

Apple's

(AAPL) - Get Report

victory in its

patent battle

with

Samsung

has been

derided

as "a loss for the American consumer" by the Korean tech company.

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.

--Written by James Rogers in New York.

Follow @jamesjrogers

>To submit a news tip, send an email to:

tips@thestreet.com

.

Check out our new tech blog,

Tech Trends

. Follow TheStreet Tech

on your wireless devices