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Technology Stocks : Apple Inc.
AAPL 259.48+0.5%Jan 30 3:59 PM EST

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From: Sr K7/2/2012 1:02:52 AM
3 Recommendations  Read Replies (2) of 213183
 
Apple Settles an iPad Dispute in China (nytimes.com)
By KEITH BRADSHER 11 minutes ago

A Chinese court said Apple had agreed to pay $60 million for legal rights to use the iPad trademark in China.

also

Apple Pays $60 Million To End China IPad Dispute With Proview
By Bloomberg News - Jul 2, 2012 12:15 AM ET

Apple Inc. (AAPL) paid $60 million to settle a two-year-old legal dispute with Proview International Holdings Ltd. (334) regarding the iPad trademark in China.

The terms of the settlement agreement were reached on June 25 and Apple has transferred the funds as agreed, the Higher People’s Court of Guangdong Province announced in a statement on its website today.

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bloomberg.com
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