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UPDATE 7-China court bans sales of older iPhone models in Apple-Qualcomm global battle [Reuters]

Apple Inc. (AAPL) 
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Company Research Source: Reuters
China court bans sales of older iPhone models in Apple-Qualcomm global battle | Reuters 5 Min Read SAN FRANCISCO/SHANGHAI (Reuters) - A Chinese court has ordered a sales ban of some older Apple Inc iPhone models in China for violating two patents of chipmaker Qualcomm Inc, though intellectual property lawyers said enforcement of the ban was likely still a distant threat. The case, brought by Qualcomm, is part of a global patent dispute between the two U.S. companies that includes dozens of lawsuits. It creates uncertainty over Apple’s business in one of its biggest markets at a time when concerns over waning demand for new iPhones are battering its shares. Apple said on Monday that all of its phone models remained on sale in mainland China and that it had filed a request for reconsideration with the court, the first step in a long appeal process that could end up at China’s Supreme Court. “It’s incredibly unlikely, I’d say almost impossible (that Apple would have to stop sales),” said Show less Read more
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