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

rated by 0 users
This post has 23 Replies | 2 Followers

Top 10 Contributor
Posts 25,873
Points 1,172,665
Joined: Sep 2007
ForumsAdministrator
News Posted: Mon, Aug 27 2012 2:12 PM
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.
  • | Post Points: 275
Not Ranked
Posts 53
Points 475
Joined: Mar 2011
Location: Canada
KAdair replied on Mon, Aug 27 2012 2:40 PM

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...

  • | Post Points: 5
Not Ranked
Posts 30
Points 150
Joined: Aug 2012
Location: Estados Unidos
EGuerrero replied on Mon, Aug 27 2012 3:08 PM

LOL, this war never end!

  • | Post Points: 5
Top 500 Contributor
Posts 207
Points 1,845
Joined: Jan 2012
Location: Grand Rapids, MI
Erakith replied on Mon, Aug 27 2012 3:17 PM

Forrest Gump gets richer every year it seems. :P

  • | Post Points: 5
Top 500 Contributor
Posts 257
Points 3,190
Joined: Aug 2012
Jaybk26 replied on Mon, Aug 27 2012 3:35 PM

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

  • | Post Points: 20
Not Ranked
Posts 16
Points 125
Joined: Aug 2012
NKR replied on Mon, Aug 27 2012 6:06 PM

Glad to have no stocks in Samsung

  • | Post Points: 5
Not Ranked
Posts 9
Points 60
Joined: Aug 2012
NNK replied on Mon, Aug 27 2012 6:47 PM

@Above: Glad to have stocks in Apple :P

  • | Post Points: 5
Not Ranked
Posts 13
Points 110
Joined: Aug 2012

This is so unfortunate

  • | Post Points: 5
Not Ranked
Posts 13
Points 110
Joined: Aug 2012

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

  • | Post Points: 5
Not Ranked
Posts 17
Points 115
Joined: Aug 2012
PKumar replied on Mon, Aug 27 2012 7:10 PM

This is just wrong and unfair

  • | Post Points: 5
Not Ranked
Posts 17
Points 130
Joined: Aug 2012
DDK replied on Mon, Aug 27 2012 7:17 PM

Scumbag Apple

  • | Post Points: 5
Not Ranked
Posts 13
Points 95
Joined: Aug 2012

12 Billion ... Staggering

  • | Post Points: 5
Not Ranked
Posts 16
Points 95
Joined: Aug 2012
RRajan replied on Mon, Aug 27 2012 7:32 PM

Stockholders should have been wiser..

  • | Post Points: 5
Top 150 Contributor
Posts 481
Points 3,825
Joined: Jun 2012
RiCoFrost replied on Mon, Aug 27 2012 7:47 PM

Who said crime doesn't pay :P

  • | Post Points: 5
Top 200 Contributor
Posts 358
Points 2,565
Joined: Sep 2011

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.

  • | Post Points: 5
Top 150 Contributor
Posts 481
Points 3,825
Joined: Jun 2012
RiCoFrost replied on Mon, Aug 27 2012 8:24 PM

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

  • | Post Points: 5
Top 500 Contributor
Posts 290
Points 2,255
Joined: Aug 2012

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.

  • | Post Points: 5
Top 150 Contributor
Posts 501
Points 4,625
Joined: Dec 2011
Location: centennial park az
AKnudson replied on Mon, Aug 27 2012 9:57 PM

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.

  • | Post Points: 5
Top 10 Contributor
Posts 8,577
Points 103,200
Joined: Apr 2009
Location: Shenandoah Valley, Virginia
MembershipAdministrator
Moderator
realneil replied on Tue, Aug 28 2012 9:19 AM

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,.......

Dogs are great judges of character, and if your dog doesn't like somebody being around, you shouldn't trust them.

  • | Post Points: 20
Top 500 Contributor
Posts 290
Points 2,255
Joined: Aug 2012

 

  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)

 

  • | Post Points: 20
Top 500 Contributor
Posts 290
Points 2,255
Joined: Aug 2012

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.

  • | Post Points: 5
Top 10 Contributor
Posts 8,577
Points 103,200
Joined: Apr 2009
Location: Shenandoah Valley, Virginia
MembershipAdministrator
Moderator
realneil replied on Thu, Aug 30 2012 2:57 PM

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?

Dogs are great judges of character, and if your dog doesn't like somebody being around, you shouldn't trust them.

  • | Post Points: 20
Top 500 Contributor
Posts 290
Points 2,255
Joined: Aug 2012

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

  • | Post Points: 5
Top 100 Contributor
Posts 1,099
Points 13,965
Joined: Jun 2010
fat78 replied on Fri, Aug 31 2012 9:57 AM

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.

  • | Post Points: 5
Page 1 of 1 (24 items) | RSS