Breaking Now: Apple Rejects Samsung Offer

Continuing from my last post on Samsung offering for an Out of Court Settlement with Apple, the latest news is that Apple Laweyrs have rejected the offer and are moving ahead with the case.

Samsung Attorney – Neil Young said in the court  “No agreement has been reached. The parties are a considerable distance apart.”

On the same lines, Apple’s  attorney Steven Burley said, “It is one we don’t accept and there is no surprise. The main reason we are here is to prevent the launch and maintain the status quo.” With apple formally rejecting the offer, the stand is pretty clear and was properly highlighted by Apple’s Attorney above.

This is not a good news for Samsung Fans in Australia. The case can force Samsung to loose out on an important market and the same may be seen in other markets also.

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Breaking News – Samsung offers a middle path to Apple

Just after signing a cross licensing deal with Microsoft on 28th Sept, Lawyers from Samsung have offered Apple Inc a deal to end patent disputes between the two over selling Galaxy Tab 10.1 in Australia. Apple has sold till date around 500k iPads in Australia alone and is one of the big turfs for them.

The terms have not been disclosed yet, but the Apple lawyers have mentioned that there is a benefit for both the parties. If Apple proceeds with the lawsuit – Samsung may loose a huge market for months as the case may run for a good duration.

The biggest thing maybe for Samsung would be that it will allow them to sell its newtab  ahead of the crucial Christmas sales period.

Will post more as I hear it. Keep tuned

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