Thursday, December 8, 2011

Apple Inc. (NASDAQ:AAPL) Facing Huge China Payoff

It has been reported that Apple Inc. (NASDAQ:AAPL) may have to pay $1.6 billion
to continue iPad sales in China. Apple Inc. (NASDAQ:AAPL) Facing Huge China
Payoff In order to continue selling its iPads in China, the smartphone maker
giant Apple Inc. (NASDAQ:AAPL) will need to pay as much as $1.6 billion to
Chinese company Proview Technology Shenzhen. A Shenzhen court has rejected Apple
Inc. (NASDAQ:AAPL)'s complaint against the company Proview Technology
Shenzhen, which claimed to have registered the iPad trademark in the year 2000,
before Apple Inc. (NASDAQ:AAPL) did. Apple Inc. (NASDAQ:AAPL) company shares are
currently standing at 389.09. Price History Last Price: 389.09 52 Week Low /
High: 310.5 / 426.7 50 Day Moving Average: 390.85 6 Month Price Change %: 17.1%
12 Month Price Change %: 22.3%

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