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  • Latest - Apple Inc. (AAPL) Suing Nokia Corp. (NOK) in Britain

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    Friday Oct. 1, 2010 at 08:57 am EST
    Apple Inc. (NASDAQ:AAPL) Sues Nokia Corp. (NOK)
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    Apple sued Nokia in the UK, accusing the company for infringing nine patents related to smart phone technology. THis is an extension to th lawsuit file in US in December 2009. The fight initally had began when Nokia had filed lawsuit against Apple accusing that iPad and iPhone infringed 10 of its patents. Nokia reported that it was "unsurprised" by the latest development. Nokia said in a statement that "It changes nothing in the fundamentals of the matter, which are rooted in Apple's refusal to respect Nokia's intellectual property and attempt to free ride on the back of Nokia's innovation." Shares of Apple Inc. (NASDAQ:AAPL) closed at $283.75. Resistanceabove is at $292. Support levels below for Apple Inc. (AAPL) are at $272.3, $263.5 and $250.

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