Feeds

Apple pays $100m to settle iPod patent clash lawsuits

Small change for Creative

Intelligent flash storage arrays

Apple is to pay $100m to settle its legal spat with rival MP3 player maker Creative Technology. The cash not only brings Creative's patent infringement lawsuits to a close but provides Apple with a licence to its intellectual property. Apple will also terminate its counter-suits.

Creative needs the money, of course. During its most recently completed quarter, Q4 FY2006, it lost $12.7m - and that's with a $10m tax credit taken into account. Its sales were down 24.4 per cent year on year from $305.4m to $230.9m - up fractionally on the previous quarter's $225.7m.

For the full year, sales were down 8.3 per cent from $1.2bn to $1.1bn.

The $100m payment, then, is a big deal for Creative, but small change for Apple, which posted quarterly sales of $4.4bn and a net income of $472m having sold more than 8.1m iPods - the devices affected by Creative's patent dispute - in the three months to 1 July 2006, the company's third quarter.

Apple has always maintained it didn't infringe Creative's patents, and the settlement doesn't change that - or the Creative's assertion that it did. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Don't wait for that big iPad, order a NEXUS 9 instead, industry little bird says
Google said to debut next big slab, Android L ahead of Apple event
Netscape Navigator - the browser that started it all - turns 20
It was 20 years ago today, Marc Andreeesen taught the band to play
A drone of one's own: Reg buyers' guide for UAV fanciers
Hardware: Check. Software: Huh? Licence: Licence...?
Jaguar Sportbrake: The chicken tikka masala of van-sized posh cars
Indian-owned Jag's latest offering curries favour with us
The Apple launch AS IT HAPPENED: Totally SERIOUS coverage, not for haters
Fandroids, Windows Phone fringe-oids – you wouldn't understand
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Here's your chance to buy an ancient, working APPLE ONE
Warning: Likely to cost a lot even for a Mac
Xiaomi boss snaps back at Jony Ive's iPhone rival 'theft' swipe
I'll have a handset delivered. Judge us after you try us...
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.