“Computer and mobile device maker Apple Inc. (AAPL) on Monday received some continued bullish support from analysts at Jefferies & Co.,” Dividend.com reports.
“The firm reiterated its ‘Conviction List Buy’ rating on AAPL as well as its $900 price target, which suggests a 36% upside to the stock’s friday closing price of $663.22,” Dividend.com reports. “A Jefferies analyst commented, ‘We believe this is a huge victory for Apple. The jury found that Samsung had infringed upon 6 of Apple’s patents related to both utility and design. Apple was awarded a minimum of $1.05B in damages and is looking for an injunction against infringing Samsung products. We believe this is positive for Apple but would expect a settlement following an unsuccessful appeal by Samsung. We believe Apple will likely pursue other Android players.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]
Apple kicks Google’s Android in the teeth; $1.05 billion jury award may really be worth $450 billion – August 27, 2012
Samsung vows to keep fighting, calls U.S. verdict ‘regrettable’ – August 27, 2012
Tim Bajarin: Apple could eventually dump Samsung as a component supplier altogether – August 27, 2012
The Apple verdict and the challenge of innovation; It is easier to follow than lead – August 27, 2012
After Apple’s thermonuclear victory over Samsung, Google may be next – August 27, 2012
Some hope Apple’s sweeping patent victory against Samsung, Android is Pyrrhic – August 27, 2012
Samsung shares drop $12 billion after Apple’s court victory – August 27, 2012
Apple v. Samsung jury: Google email iced it for Apple – August 26, 2012
Tim Cook memo to Apple employees: Court victory over Samsung ‘is about values’ – August 26, 2012
Jury finds Samsung willfully violated Apple patents – August 24, 2012