Foreign media reported the latest news, the International Trade Commission (ITC) on Tuesday ruled that some models of Apple iPhone and iPad tablet violated a patent of Samsung Electronics. At the same time, the International Trade Commission issued a ban on the import of the infringing products into the U.S. market.
Considering that the iPhone and iPad are assembled in China, the ban also means that Apple has lost the right to sell the products in the US market. The International Trade Commission ruled that the infringing products included the iPhone 4, iPhone 3GS, 3G iPad 3G, 3G iPad 2 and iPad 3. Apple's latest products, the iPhone 5 and the fourth generation iPad, have not been affected in any way. The iPhone 4, released in 2010, is the oldest version of the iPhone currently on sale.
U.S. President Barack Obama will have 60 days to invalidate the International Trade Commission's ruling. At the same time, Apple was able to appeal the ruling. Apple said in a statement on Tuesday that it was disappointed by the decision of the International Trade Commission and would appeal against it, and that the decision of the International Trade Commission would not affect Apple's sales in the U.S. market. Apple said the strategy adopted by Samsung Electronics has been rejected by global courts and lawmakers. The company has acknowledged that this is against the interests of consumers in Europe and other countries. But in the U.S., Samsung is still trying to block Apple's sales by using patented technology that others can pay for. '
Apple and Samsung Electronics are currently in court in several countries around the world on the issue of infringement. Apple accused Samsung and its Android phones of copying iPhone features. Samsung Electronics has hit back at Apple for infringing some of its patents.
Apple shares fell $1.41, or 0.31%, to close at $449.31 in regular trading on the Nasdaq stock market on Tuesday due to patent disputes. In subsequent after hours trading, Apple shares fell $2.41, or 0.54%, to $446.90. Apple's lowest share price in the past 52 weeks has been $385.10 and its highest is $705.07.