Steve Jobs submits resignation as CEO of Apple, elected Chairman of the Board. Tim Cook in as CEO

This is of course a sad day and one that we’ve had in the back of our minds for years now. After founding Apple 35 years ago in his garage in Silicon Valley, and subsequently getting pushed out less than a decade later, Jobs was brought back in in 1997 when Apple was on the bring of collapse. In the 14 years since his return, Apple has turned into the most valuable company in the world by market cap. To say he’s leaving the CEO position on top wold be an understatement.

Since his third medical leave was taken in January it has seemed Jobs has been moving into a Chairman-type roll, still leading the Keynotes but giving everyone else a bigger role. As Chairman, Jobs will “continue to serve Apple with his unique insights, creativity and inspiration,” said Apple Board member Art Levinson. Tim Cook will take over as CEO as per the Apple succession plan. Jeff Williams will likely take over as COO.

In the past months, Jobs has revealed a revolutionary new headquarters for the Apple of the future. The authorized biography Steve Jobs by Walter Isaacson (pictured above) is due out in November.

The Resignation letter:

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple”s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple”s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve

From the newswires….

CUPERTINO, Calif.–(BUSINESS WIRE)– Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately.

“Steve’s extraordinary vision and leadership saved Apple and guided it to its position as the world’s most innovative and valuable technology company,” said Art Levinson, Chairman of Genentech, on behalf of Apple’s Board. “Steve has made countless contributions to Apple’s success, and he has attracted and inspired Apple’s immensely creative employees and world class executive team. In his new role as Chairman of the Board, Steve will continue to serve Apple with his unique insights, creativity and inspiration.”

“The Board has complete confidence that Tim is the right person to be our next CEO,” added Levinson. “Tim’s 13 years of service to Apple have been marked by outstanding performance, and he has demonstrated remarkable talent and sound judgment in everything he does.”

Jobs submitted his resignation to the Board today and strongly recommended that the Board implement its succession plan and name Tim Cook as CEO.

As COO, Cook was previously responsible for all of the company’s worldwide sales and operations, including end-to-end management of Apple’s supply chain, sales activities, and service and support in all markets and countries. He also headed Apple’s Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships, ensuring flexibility in response to an increasingly demanding marketplace.

Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and has recently introduced iPad 2 which is defining the future of mobile media and computing devices.




*thanks 9to5mac*

We hope a long and healthy life for Steve Jobs and his family. We hope that the company will do great thing in the future, and Steve Jobs continues to contribute to the company.

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Did HP Pull a Quick on on us?

Following the discontinuation of the touchpad and the palm/hp pre we where looking around hp's website and look what we found here!



If you dont see it yet here is a closer look!




we know what everyone is thinking(thy stated they discontinued their phone and tablet lineup) however if you look at the first screenshot they updated the page with the $99 Touchpad 1st gen price. Did HP just need to clear out its tablet inventory for the ultimate refresh? We are optimistic, and wouldn't mind it much if this is what they did(we are extremely happy with our 1st gen touchpad and at $99 it was cheaper than my ipod nano 6th gen and you can't compete with that). The recent rumors have been that HP will license the WebOS OS to other handset manufacturers and continue to update the platform(we hope this is true(IMO I like WebOS better than Android, even thought it has less apps)) We hope that HP will announce the amount of Touchpads and Pre/Veer handsets have been sold to boost developer interest in the platform. Even if this is a human error and they forgot to take down that banner, we hope this isn't the last we see of WebOS!

BTW: We found these pages to be quite interesting!






And This ONE surprised us all!



Is This a early page for the 4G LTE 1.5ghz Touch pad second generation.. it is interesting that PCMall has these pages up.

For all those will start complaining about the $99 bait and switch, you will not find anything in any comparison to the HP Touchpad ad $99, even the iPod Nano 6th gen is $149. At least you can surf the web(with flash),watch movies, listen to music, and have a few apps that make it all the more of a insane deal!

*thanks 247WebOS*

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NPD: Google, Apple gaining ground as RIM continues on a downward spiral

In the battle for mobile supremacy, Apple and Google are winning as competitors continue to lose ground, finding it increasingly difficult to compete with the strong iOS and Android ecosystems (can you say ‘duopoly’?), per latest survey from the NPD Group. The results came by tracking U.S. consumers aged 18+ who reported purchasing a mobile phone and exclude corporate purchases. In the June quarter, iOS grabbed 29 percent of the U.S. smartphone share versus Google’s 52 percent share. Both tech behemoths have grown their platform share at the expense of BlackBerry maker Research In Motion.

RIM’s been on a serious decline amid poor sales and delays related to their QNX-based superphones. Their BlackBerry OS software share fell to just eleven percent in the U.S. Meanwhile, Hewlett-Packard’s webOS is in a state of limbo as the world’s leading computer maker announced intentions to exit the hardware business. Microsoft’s Windows Phone 7 and Windows Mobile grabbed five percent of the market each.

The emerging prepaid market is the next battelground for iOS and Android. Google, however, has the first mover advantage here…

NPD’s Ross Rubin argues Google’s deal with Motorola could result in “closer ties to the heart of Android that can help inspire new paths to differentiation”. Think the booming prepaid smartphone market, where one in five new handsets acquired in the June quarter was on a prepaid plan. “In Q2 2010 just eight percent of prepaid phones were smartphones, but in Q2 2011 that number jumped to 22 percent”, NPD warns. Apple, of course, has been locked in the persistent rumors calling for an inexpensive iPhone. The device has been portrayed as anything from the so-called iPhone nano featuring a tiny form factor to the low-priced iPhone 4 to even a recycled iPod touch with 3G networking capabilities.

The market for prepaid handsets presents Apple and Google with a major growth opportunity. Whether or not Google uses its ownership of Motorola to enter the hardware game remains to be seen. What’s certain is Motorola’s steady decline as the company has seen its market share shrink due to competition from Samsung and LG. The company lost three percentage points of the handset market in the past twelve months and experienced the same drop in smartphones.

Their annual Android unit share halved from 44 percent in the second quarter of last year to just 22 percent in the June 2011 quarter. Quarterly sales for June topped 4.4 million Android handsets, in stark contrast to the 20.34 million iPhones. NPD previously reported that Verizon iPhone stopped Android’s market share march and was among the first to report that Android overtook the iPhone in sales back in May of 2010.

Piper Jaffray analyst Gene Munster theorized that Android’s market share could drop below iOS by 2013 should Google close Android and keep it proprietary to Motorola. The speculative scenario has Google sell one in five handsets in 2015, with Windows Phone devices accounting for half of the market and iOS ranking #2.

*thanks 9to5mac*
Cross-posted on limerain_com

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What if Google closes Android and goes the Apple model with Motorola?

Assuming Android goes proprietary to Motorola, it falls behind Apple in market share by 2012 and Windows Phone (the Other category) gulps up nearly half the mobile phone market.

There’s a good reason why Apple’s products “just work”. But it’s been a bumpy road for the Cupertino, California company because right from the onset competitors were ridiculing its vertically integrated approach to business. Apple’s supposedly ‘closed’ ecosystem is a major weakness, critics cry. The past decade, however, saw the marketplace validate the strategy through booming sales of Apple gear. But what if GOOG actually tried the AAPL model with Motorola, which today makes about one in ten Android smartphones?

That’s the dilemma Piper Jaffray resident Apple analyst Gene Munster set out to explore in his Friday note to clients. In short, making Android proprietary and exclusive to Motorola would add about 35 percent to operating income for Google, the accidental hardware company. By 2015, the phone biz would add $10.5 billion in operating profit and $56 billion in revenue, resulting in a per-share earnings of $25.16 by 2015. There’s just one problem with this hypothetical strategy:



Google loses $4.5 billion in Android ad revenue at $10 per user in 2015 compared to Android’s current trajectory.
Worse, Android would lose “significant share” being exclusive to Motorola phones, dropping to 15 percent market share in 2013, down from 43 percent. And in the calendar year 2015, Google would sell one in five phones, or 172.5 million units. Primary beneficiary? Microsoft, as betrayed Android backers turn to the Windows Phone software.

That’s a lot of assumptions, granted, and Google’s unlikely to risk dropping the ball in online advertising, which led Munster to warn they would most likely “keep the patents and sell Motorola’s device and set-top box businesses”. If the lucrative incentives tempt Google to close Android, Motorola, now the 8th biggest smartphone maker and 5th biggest Android, could benefit as well. Consider this…


Should Android remain open, which it likely will, Google and Apple combined grab two-thirds of the market in 2015.



Motorola, which has been losing money for far too long, could increase its gross margin to 35 percent (20 percent operating), a material jump over an estimated 25 percent gross margin in the June quarter. Compare that to the iPhone’s 50 percent gross margin (40 percent operating) or an estimated fourteen percent operating margin for Samsung’s mobile unit in the second quarter of this year. Average selling prices of Motorola phones would drop by $50 in 2015 from the $400 in the June quarter of 2011. Contrast that to iPhone which in the June quarter sold for an average selling price of $654, dropping by $137 to 517 in 2015.






Granted, there are too many unknown variables this early in the game and it’s difficult to tell whether the search company bought the ailing handset maker just for the patents. But if CEO Larry Page pulls Apple, the iPhone maker stands to lose a major competitive advantage – its famed vertical integration – or see it diminish over time. Not that Steve Jobs would let that happen, anyway, or that competition is bad for Apple, quite the contrary – had it not been for Android, Apple would have locked the mobile market for itself and Apple almost certainly wouldn’t have been adding features to iPhone and progress iOS at such a rapid pace. Signing off, Munster summarized why Page is not likely to close Android:

All in all, while the numbers suggest it could be a very lucrative potential decision for Google to try to replicate the Apple model, we believe it is unlikely Google will go down this path. We believe the most likely outcome is that Google will keep the patents and sell Motorola’s device and set-top box businesses. As a strategic move, we believe buying the entirety of Motorola for its patents was one of the few ways for Google to acquire meaningful IP without being outbid by Apple/Microsoft who have more capital to make aggressive bids to keep patents away from Google. We believe the potential for Apple/Microsoft to bid on Motorola is low given the risk that if Google bows out, Apple/Google would need to deal with breaking up the acquisition or going through with it and owning a business of which it likely wants no part. Furthermore, we believe it is unlikely Google takes Android proprietary because it would significantly impact the share of Android in the market place and cede it to Microsoft, who at this point is not only the only other competitor with a viable mobile OS that is able to be licensed, but the only other competitor that has a competing search engine. The bottom line is that we do not believe Google is willing to potentially weaken its position as the likely leader in mobile search and advertising to try to aggressively monetize Android through an Apple-like model, even though it could be extremely lucrative.

*thanks 9to5mac*
Cross-posted on limerain_com

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Supercharging Android Google snaps up Motorola Mobility for $12.5 billion

Google today announced in a blog post an agreement to acquire Motorola Mobility for $12.5 billion, a 63 percent premium to the closing price of Motorola Mobility shares on Friday, August 12, 2011. Is this an example of “moon shots” we’d been promised? Hard to tell as this is a developing story, but Google recently accused Apple and others of attempting to “strangle Android” through litigation.

Motorola Stock was suspiciously up last Friday on rumors of an Icahn takeover. Perhaps Icahn was gathering enough strength to make the decision.

A statement on Google’s Investor Relations site and Motorola Mobility’s press section quotes Motorola CEO Sanjay Jha, Google CEO Larry Page and the search firm’s senior vice president of mobile Andy Rubin as saying that this strategic acquisition will “enable Google to supercharge the Android ecosystem and will enhance competition in mobile computing.” It will be interesting to see how other Android backers react to the news that their operating system provider is in bed with one of their rivals. Google on its part says Motorola Mobility will “remain a licensee of Android and Android will remain open”, adding they will run Motorola Mobility as a separate business.

If the deal doesn’t go through, Google owes Motorola $2.5B.

Motorola Mobility, of course, has helped put Android on the map with their aggressive anti-Apple promotion of the original Droid. Still, Apple is reaping the vast chunk of profits in the handset business. Motorola Mobility in the June quarter reported a GAAP net loss of $56 million, 19 cents a share, on revenues of $3.3 billion and non-GAAP earnings at nine cents a share. They shipped 400,000 Xoom tablets, amounting to an estimated 2.65 percent tablet market share in June, and 4.4 million Android smartphones, enough to earn an eight percent market share and rank Motorola Mobility as the #8 smartphone vendor and #5 Android backer. Contrast this to Apple…




Apple in the June quarter sold an astounding 20.34 million iPhones and 9.25 million iPads, in addition to four million Macs and nine million iPods, enough for all-time record quarterly revenue and earnings of $28.57 billion and $7.31 billion respectively. iPhone alone has captured two-thirds of the profits generated from sales of handsets in the second quarter of this year, analyst Horace Dediu explained. In addition, latest surveys from the biggest name in market research have all cemented Apple as the new king of smartphones. Conventional wisdom has it that Google may be after Motorola Mobility’s patent portfolio here, although it seems preposterous that the search giant would pay a lump sum of $12.billion for an intellectual property portfolio that is strong, but probably not strong enough to defend the patent bomb that is Android.

Patent expert Florian Mueller said on Twitter he “would caution everyone against overestimating the strength of Motorola Mobility’s patent portfolio,” noting that “Apple and Microsoft sued Motorola Mobility anyway”. Mueller also observed this morning in a blog post that most Android vendors have lost their Linux distribution rights, opening doors to thousands of people out there “who could legally shake down Android device makers, threatening to obtain Apple-style injunctions unless their demands for a new license grant are met”. Mueller also told me on Twitter that “Google may want to become an Apple” by entering the hardware side of the mobile business. Steve Jobs several times quoted the legendary tech visionary Alan Kay who had said many years ago that “people who are really serious about software should make their own hardware”.



*thanks 9to5mac*
Cross-posted on limerain_com

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Browse Google+ on the desktop with Tab for Google+

Want to get your Game on in the new Google Games?

Tab for Google+ is an app available on the Mac App Store that brings Google+’s web functionality to the Mac desktop. The app is available for free and offers just about every feature plus.google.com offers — except Hangouts. Upon logging in via your Google account, you’ll be greeted with the main sections of the app: Streams, Photos, Circles, Profile and Notifications.

The sections follow suit with the functionality of the website. Streams and Photos curates content from the people you’re following. Circles allows you to see your list of circles and the content coming in from each specific one. Lastly, Notifications let’s you know what’s going on with your account.

Of course, this application won’t replace Google+’s website, rather it’s just a nice app that sits in your applications bar to view while you work. Perhaps if the website is more your thing, check out Google+ for Mac which is essentially just a browser window. We’re hearing the developer is working to make it native though. Check out another screenshot below.



*thanks 9to5mac*
Cross-posted on limerain_com

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Are you an iOS state or an Android state?

Call it a mobile platform heat map of sorts, but we love it. Mobile ad firm Jumptap is out with their July 2011 report analyzing ad-tracking data of about 83 million users on its ad network. The above info graphic immediately captured our attention (via GigaOM) because it tells the story of the iOS vs. Android war in an electoral manner that evening newscasters had trained us to get. As you can see, iOS is doing pretty well in the Northeast and Midweast states, while Android leads in the South and Southweast parts (no, we ain’t making any conclusions here).

Also, Hawaii is a state that falls in the iOS camp, and Alaska over-indexes for both Android and iOS. One word of warning: That pretty chart is sourced from a limited selection of people on Jumptap’s ad network rather then actual sales numbers so the usual caveats apply. One other surprising factoid:

iOS devices came first in terms of ad click-through rate (0.52 percent) versus that of Sony Ericsson’s Android-drive devices (0.54 percent) or the industry average of 0.52 percent. One would think Android people click on ads more than users of any other mobile platform because Android apps and other content predominantly stems from the ad-supported free model. So, are you an iOS state or an Android state?


*thanks 9to5Google*
Cross-posted on limerain_com

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Forbes: Apple is fifth most innovative company, Google is #7 Don’t even ask about Microsoft.

Forbes has put together (via setteB.IT) a list of the World’s Most Innovative Companies and Apple ranked fifth. Salesforce.com leads the pack, followed by Amazon (#2), Intuitive Surgical (#3) and Tencent Holdings (#4). Interestingly, Google is seventh most-innovative company in the world on the publication’s list. Other worthy mentions: Nintendo (#20), Activision Blizzard (#22), Starbucks (#19), PepsiCo (#50). The usual suspects don’t fare well, however. Adobe is ranked 54th (little wonder, with their confused CEO) and Apple’s court friend HTC is 56th. Steve Jobs best friend’s company Oracle is 77th and Microsoft is far down on the list, ranked 86th. The full list is available here. But wait, how do you measure innovation? Read on…




Forbes calls it the five skills of disruptive innovators and here they are:

Questioning allows innovators to challenge the status quo and consider new possibilities; Observing helps innovators detect small details—in the activities of customers, suppliers and other companies—that suggest new ways of doing things Networking permits innovators to gain radically different perspectives from individuals with diverse backgrounds; Experimenting prompts innovators to relentlessly try out new experiences, take things apart and test new ideas; Associational thinking—drawing connections among questions, problems or ideas from unrelated fields—is triggered by questioning, observing, networking and experimenting and is the catalyst for creative ideas.
That, and the usual stuff to consider such as sales, profitability, growth, market share, hype and other tangibles and intangibles.

*thanks 9to5mac*
Cross-posted on limerain_com

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Apple, Google, Samsung & everyone else eyeing InterDigital patents

Over the past few weeks, the patent arms race has been accelerating and the latest comes in a Bloomberg story that has old frenemies – Apple, Google and Samsung – locked in a fight for InterDigital’s patent portfolio. Samsung is said to be interested the most in InterDigita’s intellectual property their CEO claims is “stronger” than the 6,000 Nortel patents the Apple-led consortium recently acquired for $4.5 billion. People familiar with the matter tell the publication Samsung has been “approached to make a bid”:

Samsung is looking at the patents along with Apple Inc. (AAPL), Google Inc. (GOOG) and other potential bidders, said the people, who asked not to be identified because the talks are private. InterDigital, which holds patents related to mobile technologies used to transfer information, said last month that it hired bankers as it considers a sale.
InterDigital’s patent portfolio covers technology for high-speed cellphone networks “now used by the world’s biggest handset makers”, including Apple’s iPhone as well as BlackBerry and Android phones. The portfolio includes 8,000 patents in total and is estimated to be worth $5 billion or more. “To hedge the risk, Samsung could go ahead with bidding, although they may have to pay a big premium”, says Shinyoung Securities Co. analyst Lee Seung Woo.

Kodak on Monday put ten percent of its patent portfolio, or 1,100 patents, on sale, among them the image-previewing patent Apple and Research In Motion are being sued for. Google is fresh off acquiring 1,100 patents from IBM after they had lost the Nortel bid. HTC paid $300 million for S3 Graphics (really its patents) to gain some leverage in their pending lawsuit with Apple. Cynics might observe that patent holders around the world are looking to cash in on pending lawsuits as everyone is suing everyone in the mobile space.

*thanks 9to5mac*
Cross-posted on limerain_com

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Google: Apple attempting to “strangle” Android rather than build new features, devices

Google Senior Vice President and Chief Legal Officer David Drummond has written an open letter to Apple and others (namely Microsoft) for the latest trend of going after smartphone patents by buying up others companies patents. Drummond notes that Apple and Microsoft “have always been at each other’s throats” and “when they get into bed together you have to start wondering what’s going on.” Google’s Drummond is referring to the two technology heavyweights “banding” together to win the Novell and Nortel’s old smartphone related patents. As revealed just a few weeks ago, a Consortium of Apple, Microsoft, and Oracle payed $4.5 billion for the aforementioned Nortell patents.

Drummond outright calls this “a hostile, organized campaign against Android by Microsoft, Oracle, Apple and other companies, waged through bogus patents.” Drummond also says that the approach to acquire patents and file patent lawsuits is Apple’s (and others’) way of showing that they “want to make it harder for manufacturers to sell Android devices.” He also says that Apple and others are going after these patents and filing complaints “instead of competing by building new features or devices.”

Drummond also says that Google feels that Apple and Microsoft’s take over of the Nortel patents is unlawful:

Fortunately, the law frowns on the accumulation of dubious patents for anti-competitive means — which means these deals are likely to draw regulatory scrutiny, and this patent bubble will pop.
Drummond ends by saying that Apple and Microsoft’s moves could potentially hurt Android and they are obviously looking into ways to stop this.

Unless we act, consumers could face rising costs for Android devices — and fewer choices for their next phone.

I have worked in the tech sector for over two decades. Microsoft and Apple have always been at each other’s throats, so when they get into bed together you have to start wondering what’s going on. Here is what’s happening:

Android is on fire. More than 550,000 Android devices are activated every day, through a network of 39 manufacturers and 231 carriers. Android and other platforms are competing hard against each other, and that’s yielding cool new devices and amazing mobile apps for consumers.

But Android’s success has yielded something else: a hostile, organized campaign against Android by Microsoft, Oracle, Apple and other companies, waged through bogus patents.

They’re doing this by banding together to acquire Novell’s old patents (the “CPTN” group including Microsoft and Apple) and Nortel’s old patents (the “Rockstar” group including Microsoft and Apple), to make sure Google didn’t get them; seeking $15 licensing fees for every Android device; attempting to make it more expensive for phone manufacturers to license Android (which we provide free of charge) than Windows Mobile; and even suing Barnes & Noble, HTC, Motorola, and Samsung. Patents were meant to encourage innovation, but lately they are being used as a weapon to stop it.

A smartphone might involve as many as 250,000 (largely questionable) patent claims, and our competitors want to impose a “tax” for these dubious patents that makes Android devices more expensive for consumers. They want to make it harder for manufacturers to sell Android devices. Instead of competing by building new features or devices, they are fighting through litigation.

This anti-competitive strategy is also escalating the cost of patents way beyond what they’re really worth. Microsoft and Apple’s winning $4.5 billion for Nortel’s patent portfolio was nearly five times larger than the pre-auction estimate of $1 billion. Fortunately, the law frowns on the accumulation of dubious patents for anti-competitive means — which means these deals are likely to draw regulatory scrutiny, and this patent bubble will pop.

We’re not naive; technology is a tough and ever-changing industry and we work very hard to stay focused on our own business and make better products. But in this instance we thought it was important to speak out and make it clear that we’re determined to preserve Android as a competitive choice for consumers, by stopping those who are trying to strangle it.

We’re looking intensely at a number of ways to do that. We’re encouraged that the Department of Justice forced the group I mentioned earlier to license the former Novell patents on fair terms, and that it’s looking into whether Microsoft and Apple acquired the Nortel patents for anti-competitive means. We’re also looking at other ways to reduce the anti-competitive threats against Android by strengthening our own patent portfolio. Unless we act, consumers could face rising costs for Android devices — and fewer choices for their next phone.

*thanks 9to5mac*
Cross-posted on limerain_com

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Kodak considering sale of patent involved in Apple lawsuit

In January of 2010, Kodak sued Apple and RIM for infringing on their patent to preview photographs. The lawsuit is still going on, but today Wall Street Journal is reporting that Kodak is currently looking to sell 10% of their patent portfolio, which includes the patent Apple and RIM are bring sued for.

The 1,100 patents include patents covering capturing, storing, organizing and sharing digital image. WSJ credits the sale to Kodak’s loss in profit over the last two quarters.

Chief Executive Antonio Perez has been using Kodak’s intellectual property as a means of funding the company’s long and expensive transformation. In 2008, Mr. Perez put forth a goal to generate between $250 million and $350 million a year from Kodak’s patent portfolio.
Google is fresh off acquiring 1,000 patents from IBM and is likely still in a buying mood as it battles everyone from Oracle to Microsoft to Apple-by-proxy in the courts. Apple, who outbid Google for the Nortel patent portfolio at $4.5B is obviously on the offensive.

Kodak’s decision to sell its patents follows a $4.5 billion patent sale by Nortel Networks Corp. Kodak has retained Lazard as an adviser for the sale. Lazard also advised Nortel on its sale.

*thanks 9to5mac*
Cross-posted on limerain_com

We are about to see the biggest patent auction ever, rivaling nortel patent sale. With at least one of the patents holding Apple and RIMM at the edge the prospects are: Google to better station itself against more patent litigation, Apple to stop one lawsuit against itself and to give it more leverage over others, RIMM to stop a lawsuit against itself and maybe use it against Apple.

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Samsung gives in to Apple, temporarily halts tablet sales in Australia, is the USA next?

Image via PCWorld.com

In a surprising turn of events to anyone following the ongoing Apple vs. Samsung spat, Bloomberg reported this morning that Samsung has agreed to temporarily cease sales of the Galaxy Tab 10.1 tablet until their legal dispute with Apple is settled or they win court approval:

Apple Inc. escalated a patent dispute against Samsung Electronics Co. and won an agreement that the South Korean company won’t sell the newest version of its tablet computer in Australia until a lawsuit is resolved. Samsung, based in Suwon, South Korea, agreed to stop advertising the Galaxy Tab 10.1 in Australia and not to sell the device until it wins court approval or the lawsuit is resolved.
It’s interesting because Samsung was advertising the Galaxy Tab 10.1 launch in the country since July 20. Still, carriers Vodafone and Optus both hinted at plans to offer the device to their Australian customers “soon”. Samsung’s decision came as a lawyer for Apple sought an injunction before Federal Court Justice Annabelle Bennett in Sydney, claiming Samsung’s tablet infringes ten Apple patents. With that in mind, Samsung’s clearly on the defensive here. Apple also wants wants to “stop Samsung from selling the tablet in other countries” and Samsung’s conceding to Apple may have set an important precedence for other countries. Of course…




…other countries have entirely different laws so one particular country reaching a certain decision means little to another country as there are no precedents in international law. Perhaps Samsung’s willfully making a concession to Apple as a prelude to a settlement of sorts. It could be also that Australian law is just stronger in this regard or perhaps Apple’s legal team prepared better than Samsung’s in the country. A similar story is unfolding in the case of Apple vs. HTC, with HTC executives signaling it’s time to “sit down and figure it out” as the International Trade Commission has found HTC in violation of Apple’s patents related to iPhone technologies.

*thanks 9to5google*

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- Posted using my iPhone 4