HTC shares fall 6.5% after Apple patent ruling

HTC's shares fell 6.5% on Monday after a preliminary ruling by the ITC found the Taiwanese company infringed on two of Apple's patents. To stave off further damage, HTC will buy back 20 million of its own shares before September 17th.
HTC's shares have fallen steadily in July over concerns about the immediate financial prospects of the company. Investors see HTC slipping in the smartphone market and fear the company may be forced to pay a large lump sum to Apple. HTC confirmed it will appeal the ITC ruling and will defend itself against Apple "using all means possible." A final ruling by the ITC in this patent infringement case is due on December 6. HTC is also facing a similar patent infringement lawsuit filed by Apple in the U.S. District Court in Delaware.
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HTC's shares fell 6.5% on Monday after a preliminary ruling by the ITC found the Taiwanese company infringed on two of Apple's...
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I personally refuse the idea of technology patented by american corporations. I seriously couldn't care less. To me, technology belongs to cultre, and so to the whole mankind. If patenting didn't exist, we would already be at another state of art regarding technologic display of solutions.
July 18 2011 at 10:28 AM Report abuse Permalink rate up rate down Reply"I personally refuse the idea of technology patented by american corporations."
You must be using a computer to type that. No computer has ever been made without technology patented by American corporations.
So you are *not* actually refusing the idea at all.
And please don't kid yourself that patent = bad. Without patents companies would just withhold the secrets of their inventions forever (the only alternative to patenting). At least with patents, we get to see and understand the invention immediately even if we as competitors cannot profit off of it until the patent expires.
Knowing what the invention is and how it works frequently offers new lines of research and avenues of enquiry. That often leads to discoveries elsewhere that aren't contained by the original patent. All of which means that progress is *helped* by patents, not hindered.
Never mind the fact that without patents companies would be less likely to invest in R&D in the first place (secrets are hard to keep and if exposed their competitive advantage evaporates) which again, is a hinderance on progress.
Never mind the fact that the only reason patents are so widespread in the software arena is because the courts previously told Apple they had no protection under copyright laws and other companies could freely benefit from all the money Apple had spent developing, testing and improving the Human Interface Guidelines. All companies were forced to look elsewhere to protect their R&D dollars.
So yeah, when you examine the issue properly, patents ≠ bad.
While this was certainly a blow for HTC, the stock markets usually react a little too defensive or too extreme how ever you want to put it.
The HTC stock is already recovering .. it is less than 4% in the minus as of now.
T.
Well, if it's HTC blatantly ripping off patented ideas, fine. Ok.
But, I'm beginning to wonder - with all this patent litigation, how many times are certain systems, ideas and methods that are patented simply 'fallen into' by honest mistake. It seems that, in software especially, nearly anything can be patented - even stuff that could be heuristically derived.
Oh well.
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