The court-mediated settlement, announced on the website of the Higher People’s Court of Guangdong province, will allow Apple to get on with selling its popular tablet PC in one of its most important markets, analysts said.
“The settlement is great news for Apple,” said Teck-Zhung Wong, a Beijing-based analyst with technology research firm IDC. “It just allows them to get on with business and stop being distracted. The new iPad has been so late to the China market that if they drag it any longer, Apple will stand to lose quite a bit more.”
Read more at Reuters.
