Simple Math: Apple Stocks Up, Samsung Stocks Down after Patent Ruling - HotHardware
Simple Math: Apple Stocks Up, Samsung Stocks Down after Patent Ruling

Simple Math: Apple Stocks Up, Samsung Stocks Down after Patent Ruling

You can file this one under Things Everyone Already Assumed, but a couple of reports noted that in the wake of Friday’s Apple vs. Samsung patent ruling (in case you didn’t already know, Samsung lost big time), Apple’s stock price was up this morning, while Samsung’s dropped.

Apple’s stock price opened today (the first day of trading since the verdict) at a record $680 per share, a notch above its old record of $674.88. (As of this writing, it’s settled a bit, down to $677.43) Meanwhile, Samsung saw a stock price drop of 7.5%.

Although Samsung is planning to appeal the decision, the company is currently on the hook for over a billion dollars in damages that will go directly into Apple’s pockets. A dwindling stock price will only add to the financial hit that Samsung is absorbing, as will the difficulties Samsung will likely face in the marketplace as some of its patent-infringing products may be yanked from shelves.


Apple's stock price on NASDAQ

The damage doesn’t end with Samsung, though; USA Today noted that Android handset maker HTC’s shares dipped almost 2%, and Google itself took a 1.45% hit to its stock value.

The only money Apple is losing today is on its champagne and confetti budget.
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LOL, "The only money Apple is losing today is on its champagne and confetti budget."

Everyone rags on apple but its quite funny how they do so well. Don't get me wrong I will never buy an apple PC. What you get for the money doesn't compare to a windows pc. I will buy their iPhones, iPads, and iPods though. Yea, they lack some innovation features from android devices but the AppStore is what makes me keep coming back to those devices. But hey that's just me...

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LOL, this war never end!

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Forrest Gump gets richer every year it seems. :P

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$1 Billion - Champagne + Confetti = basically $1 Billion

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hahaha astute observation. I told you that the impact would be greater than you thought it would. You made it sound like samsung was just going to shake it off and keep walking but their down 7.5% on top of their billion dollar fine and they will probably lose income from having to pull products off the shelf.

I have said some unfavorable things about samsung and their, less then stellar business habits bu i have to hand it to them, they make some good products. I was sorely tempted to buy the galaxy note but i am going to wait and compare the note 2 with the ipad mini.

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Glad to have no stocks in Samsung

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@Above: Glad to have stocks in Apple :P

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This is so unfortunate

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It would be interesting to see what Steve Jobs would have said to this whole affair

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This is just wrong and unfair

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Scumbag Apple

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12 Billion ... Staggering

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Stockholders should have been wiser..

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Who said crime doesn't pay :P

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Well, if Samsung did wrong than it deserved to have the ruling upheld. I think they will be ok tho. HTC needs to quit putting out so many devices tho.

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I meant as in how come Apple gets away with it.

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This will only help fuel samsung to a better mmore innovative product and later crush apple to a juice and then drink it and then yoi know what happens when you drink too much.

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Crush Apple to a Juice?

You've been smoking too many Apple Peels.

Their stock keeps going up and up. It has been for a long time. They're the most valuable company out there.

I'm no fan of Apple, but it seems that Jobs wasn't the only one with a ~"reality distortion field"~ to look through,.......

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  1. sir i do not smoke. and why apple stocks should be going down id due to the fact that they are hitting a brick wall right now and they dont evem know it. meaning iphony 5 will be a flop. R&D team generated this idea of shrinking the ipad a calling it the ipad mini which gets its own debut whay brilliance innovation that is.why get that mini when you can get a phablet , what are you going to cary both mini and a phone on both pockets? hajaj funny. what else are the going to release? hmmmm apple tv? (laughs)

 

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and also next year samsung will come out with the newly designed s4. and by the way google is now breaking its silence and now suing apple and getting their products out of the us. since they acquire motorolo not to long gago in whuch in my opinion is one of the pioneer of mobile device have all the patents backing them. eye for aan eye apple. so thats about it kind sir.

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nicoletoledo:
sir i do not smoke.

Good, you'll live longer.

nicoletoledo:
apple stocks should be going down id due to the fact that they are hitting a brick wall right now

Really? Ha-Ha! So stocks that keep going higher and higher (Apple is at an all time high right now) is a brick wall? Oh, I see,..............Smile

I have to admit that I'm not much for paying the Apple tax when I buy devices. Their stuff costs too much for me to consider buying and some of their practices towards their competition suck.

You really seem to hate them though,.....it shows in all of your posts about them.

Is it easy to ignore the fact that they sell so much product for so much profit?

Does the fact that they're the most profitable company out there, and worth more than any company in the world matter to you?

You don't have any objectivity when it comes to Apple, but then again, it's not required, is it?

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it is not indeed they may have a higher than before stock but its not going to be long before it goes down. thats all im saying. and yes PC>Apple. whether its ipod ipad iphony wont buy em at all reason that is they are a bunch of crooks. innovation? hahahah my cute bum

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Apple isn't even close to hitting a brick wall. Apple has some of the most loyal customers out there. Apple can just upgrade the specs of their new phone and write it off as new and innovative and make a butt load of money. I know many people who dont even think about looking at other phones before upgrading to a new iphone.

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