By MarketWatch
SAN FRANCISCO (MarketWatch) â€" Both sides are displeased with the $1 billion verdict awarded Apple Inc. in its patent feud with Samsung Electronics Co. and are set to ask a federal judge at a Dec. 6 hearing to modify the jury’s finding.
What's inside the iPhone 5?
Kevin Keller and Wayne Lam, two analysts at IHS iSuppli, take apart an iPhone 5 to determine what’s inside and how much the phone costs to Apple to produce.
In legal papers filed Friday and Saturday, Samsung is reportedly calling on U.S. District Judge Lucy Koh of San Jose to amend or toss out the jury’s Aug. 24 ruling that found its products infringed on Apple /quotes/zigman/68270/quotes/nls/aapl AAPL +0.20% technology used in its iPhones and iPads.
Apple is seeking another $707 million in damages and interests after a jury last month found Samsung had infringed on six Apple patents. See: Jury hands Apple big win.
The legal wrangling between Apple and Samsung KR:005935 +1.20% , the global leader in smartphone sales, continued as stores around the U.S. on Sunday entered a third day of selling Apple’s new iPhone 5, which debuted Friday in retail outlets.
At a fairly crowded Apple store in Bethesda, Md., prospective buyers were playing with the new, lighter device on a Sunday morning.
One salesman was trying to convince a reluctant couple of the merits of the newest phone as opposed to the iPhone 4s. The poorly reviewed map service also was a topic of conversation.
Why customers bought iPhone 5
San Francisco-area residents who bought it on the product’s launch day comment on Apple’s new iPhone 5.
The store was filled with activity, but not all of it centered on the iPhone 5 â€" plenty of iPads and Macs were also being tested.
While Apple hasn’t released sales figures, it did say there were more than 2 million pre-orders in the first 24 hours for the smartphone, with demand exceeding supply and the backlog stretching into October.
Across the U.S., many stores reported selling out of the new phones on Saturday, Associated Press reported.
A Verizon store in New York City said the 32 and 64 gigabyte models, but not the 16 GB version, were available, AP said, adding that A Sprint store in a suburb of St. Paul, Minn., said all but the most expensive 64 GB iPhone 5s were sold out.
US : U.S.: Nasdaq
Volume: 20.41M
Sept. 21, 2012 4:44p
$656.27 billion
KR : South Korea
â‚© 757,000
+9,000 +1.20%
Volume: 28,139
Sept. 21, 2012 12:00a
â‚©17284.90 billion
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