Apple Shells Out $60 Million To Get Rid Of Pesky iPad Trademark Dispute In China

Apple Shells Out $60 Million To Get Rid Of Pesky iPad Trademark Dispute In China

Apple is shedding the weight of at least one of its big lawsuits, by agreeing to pay $60 million to a Chinese company that said it rightfully held the trademark for the name iPad in China. Proview Technology’s lawsuit had delayed the launch of the new iPad in that country and may have messed with Apple’s sales there. [More]