iPhone News Desk
Apple News Trashes Samsung Stock
Apple asked for an injunction against the widget in June. The judge hasn’t ruled yet
By: Maureen O'Gara
Aug. 28, 2012 11:09 AM
News of its loss to Apple in California Friday sheared more than $12 billion off Samsung's market cap Monday.
The Wall Street Journal said investors are worried about the next Apple suit facing Samsung in the same district court.
Apple is targeting Samsung's flagship smartphone, the four-month-old Galaxy S III.
Apple asked for an injunction against the widget in June. The judge hasn't ruled yet.
Apple is wielding different patents but the dingus could violate two patents the jury said last week Samsung's older models infringed. Samsung claims it doesn't.
It's larger and doesn't look as much like the iPhone as Samsung's old models. It also doesn't use Apple's patented bounce-back feature.
Apple has charged it with treading on its data tapping patent and the unified search Siri uses.
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