The market rally rose solidly last week, but there are still caveats. Apple and Google are among 5 stocks showing strength. Read More...
Benzinga
Apple-Broadcom Win $1.1B CalTech Patent Trial
Apple Inc (NASDAQ: AAPL) and Broadcom Inc (NASDAQ: AVGO) persuaded a U.S. appeals court to throw out a jury verdict requiring them to pay $1.1 billion, Reuters reports. A Los Angeles federal jury found in 2020 that millions of iPhones, iPads, Apple Watches, and other devices using Broadcom chips infringed Caltech’s data-transmission patents. A two-tier damage award of damages of $270.2 million against Broadcom and $837.8 million against Apple that involved different royalty rates from each compa
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