Tag Archives: technology

Apple Turnover: iPad Settlement Goes for $60 Million in China

iPad

Apple has agreed to pay a $60 million to a Chinese company to settle a lawsuit over the iPad trademark. Proview Technology will receive a small fraction of their original asking price of $400 million, which might help them recover from the fringe of insolvency.  Certainly not a bad pay day.  Although the technological terror that is Apple Inc. has plenty of money to throw around, I hope somebody lost their job for over-looking the fact that they trademarked the word “iPad” in every country except the largest one in the world.  More details and analysis after the jump.

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Apple Reaches $375 Million Preliminary Settlement in iPhone 4 Antenna Dispute

Smart phone

In 2010, Apple release its much-hyped iPhone 4, the latest in the succession of popular smart phones.  Early users soon found that the phone suffered poor reception when held normally due to the ill-chosen placement of the phone’s internal antenna.  When notified of the flaw, Apple offered the stale solution of “holding the phone in a different way”.  Users scoffed at the lame response, as reception was only lost when holding the phone in the usual manner, which has been the norm of cell phone usage for decades.  Incensed users brought the company to a class action lawsuit, alleging consumer fraud in that the company misrepresented the device’s ability to function in order to increase sales.

The terms of this settlement apply to any purchaser of the iPhone 4, which early numbers indicate may be 25 million people.  If you are eligible to benefit from this refund, Apple is obligated to contact you via email by April 30th, 2012.  After that, purchasers have 120 days to claim their refund.  If you have not been contacted by April 30th and think you are still eligible, contact Apple’s customer service.