Boston, MA 12/16/2013 (wallstreetpr) – Apple Inc. (NASDAQ:AAPL) IPR applications against Virnet X on two particular patents – 135 and 151have been rejected by the United States patent authority USTPO.
IPRs are post-patent litigation instruments that aggrieved parties can use to reverse a patent ruling. Called IPR for Inter partes Review, USPTO can well invalidate a patent placed before it through an IPR application.
The IPRs were filed by Apple Inc. (NASDAQ:AAPL), after it lost another patent fight with VirnetX earlier in November. The loss has led to royalty payment of $440 and will likely increase as settlements continue after the judgement was awarded.
Virnet X has also requested a royalty pending rate be fixed, post infringement of patents it holds by several of Apple’s products.
This could prove to be a significant judgement and will set the rate-standards of delayed penalty payments, in other cases as well!
There was other patent news as well for Apple Inc. It has since applied for a patent to be registered for its reservation and ordering system at restaurants, which is called as OpenTable.
China Mobile and Apple Inc’s sales in China
In other news, Apple Inc will have to play the number game well in China. It has the deal with state-owned carrier China Mobile to help it sell more units in the humungous Chinese market.
Though, the carrier has only committed to negotiating a deal to this effect, it is has since been accepting pre-orders on the same.
Market share is incidental to the company as low volumes of high-priced products quickly make up for the high volume, low profits that nearly every other mobile maker up against it is currently facing.
Currently, China Mobile has more than 30 million iPhone subscribers and most analysts hope to see this rise by another 10 million. However, investors estimate the rise in numbers would be higher- between 20 million and 30 million at the least.
Apple Inc. (NASDAQ:AAPL) with China Mobile has already allowed for iPhone pre-orders to begin and has started to supply the iPhone 5S in more numbers in anticipation of higher sales.
