by InvestorPlace Staff | July 30, 2012 10:50 am
In the federal courthouse in San Jose, Calif., Apple (NASDAQ:AAPL) and Samsung will begin jury selection for a patent infringement suit. While litigation is ubiquitous in Silicon Valley, this case is definitely important. It will help provide some guidance on the fast-growing smartphone market.
Apple initiated the suit in April 2011, claiming that Samsung copied some of the key features of the iPhone and iPad. Samsung, on the other hand, countersued Apple on matters about the core operations of its own devices.
It’s far from clear who has the edge. But if Apple prevails, it will be devastating for Samsung, which could lose billions or even be banned from selling its phones and tablets in the U.S. Or if the jury rules in favor of Samsung, it will be a huge disappointment for Apple and cast doubt on its patent infringement case against Google’s (NASDAQ:GOOG) Android.
Yet whatever the outcome, one thing is certain: The attorneys will make a bundle.
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