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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?


To: Lahcim Leinad who wrote (7239)7/26/2011 9:39:18 AM
From: Road Walker  Read Replies (1) | Respond to of 32692
 
Oh well, some good news. Do I hear someone saying "Uncle"?

HTC 'Willing to Negotiate' with Apple (AAPL) Over Patents
9:31 am ET 07/26/2011 - Street Insider
HTC and Apple (Nasdaq: AAPL) have been locked in patent battles, with each side taking a win over the last few months.

And HTC is willing to negotiate a settlement. According to Bloomberg, HTC's CFO, Winston Yung, said the company is "open to having discussions."

But terms of a deal must be "fair and reasonable."

Late in June, HTC won an International Trade Commission (ITC) ruling covering two patents, while Apple saw a victory for two patents just a few weeks later.

No discussions have taken place between the two companies as of yet.

Apple is trading modestly higher Tuesday morning.