Apple Wins Injunction On Samsung's Galaxy Nexus Smartphone
The news comes just days after Samsung lost another war, with a pre-trial ban on sales of the Galaxy Tab 10.1 happening earlier in the week. These kinds of injunctions are almost never granted, so having two in one week is certainly a milestone. The judge in this case said the following: "Apple has made a clear showing that, in the absence of a preliminary injunction, it is likely to lose substantial market share in the smartphone market and to lose substantial downstream sales of future smartphone purchases and tag-along products."
The judge then scheduled a hearing for Monday to "consider whether to put the Galaxy Nexus injunction on hold pending appeal," according to Reuters. As a part of the injunction, Apple had to post a bond of nearly $96 million in order to secure payment of damages sustained by Samsung if indeed the injunction were to be deemed wrongful later on.
It's worth saying again: yikes.