You are here: Home → Forum Home → The Mac Observer Forums → Apple Finance Board → Thread
2 Billion Dollar Name?
-
The price of the iPad name in China has gone up to $2B
We here at AFB need to seriously get our heads out of the sand and help Tim Cook find another name for the Chinese iPad so he doesn’t have to waste so much money. Ready?
[ Edited: 18 February 2012 02:54 AM by zulu ]“Free Tibet Pad”“Lin Pad”....“Magic Tablet”!!! -
The people at Proview seriously better hope they don’t run into a higher court in China with a few degrees of common sense, because the evidence that’s leaked in this trademark dispute so far that Proview sold Apple the trademark rights in China is compelling.
http://allthingsd.com/20120216/take-a-look-at-some-of-apples-evidence-in-proview-ipad-dispute/
Signature
The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
Why does this continue as a story?
Besides, if it comes down to politics, I would think Apple has more political muscle than Proview given the popularity of Apple products and manufacturing relationships there.
-
Call it Apple’s Pad and be done with it. I’m sure the Chinese have their own word for most Apple products anyway.
-
I vote for renaming it “Ilovemyipad”. Audio will sound a little squeaky but we don’t care
Agree with Mercel, this will be a non-issue in due time.
-
(how embarrassing)
-
Gregg Thurman
- [ Ignore ]
If this does come down to the exercise of quan xi, then I would think the largest consumer electronics manufacturer In the world (Foxconn) would prevail over a bankrupt firm that doesn’t produce anything.
Frankly I don’t see this annoyance coming to that. Clear, unbiased minds do exist in China, and if for no other reason than to convince foreign investors to continue investing China, the matter will be decided on its merits.
Signature
You can’t do more, make more, be more, than the next guy, if you think like the next guy. Think different.
-
This is becoming really ridiculous..
Lower Chinese court rules to halt iPad sales
http://www.appleinsider.com/articles/12/02/20/lower_chinese_court_rules_to_halt_ipad_sales.htmlSignature
“Anyone who has never made a mistake has never tried anything new.” Albert Einstein
-
Many are fishing in troubled waters.
Signature
Stay Hungry. Stay Foolish. - Steve Jobs
-
John Molloy
- [ Ignore ]
This is becoming really ridiculous..
Lower Chinese court rules to halt iPad sales
http://www.appleinsider.com/articles/12/02/20/lower_chinese_court_rules_to_halt_ipad_sales.htmlActually Al, what is happening here is that a small company are getting some small court wins but promoting the hell out of themselves at each and everyone. It’s not like (some parts of) the media
would love all this to be true now, is it?The first court case managed to remove 45 ipads from the shelves.
Yes, I will repeat that, forty-five iPads.
Apple’s new lawyers are on it and have just released this document:
http://allthingsd.com/20120220/apple-threatens-to-sue-proview-for-defamation-read-the-letter/
Unfortunately it’s a scan so I cannot cut and paste the information here.
But John’s article is an interesting read:
Proview?s legal battle with Apple over the iPad trademark grows more inane by the day.
This morning the bankrupt company said it won a ruling from People?s Intermediate Court in Huizhou barring Sundan, a Chinese electronics retail chain, from selling iPads. But the decision applies only to Sundan?s Huizhou branch. So it?s not exactly a broad-reaching victory.
Essentially it?s like a court telling your local RadioShack to stop selling iPads.
Meanwhile, Apple, which insists it purchased the iPad trademark in China from Proview years ago, is threatening to sue the company for defamation, alleging its founder, Yang Rongshan, has made false and misleading statements against it.
?It is inappropriate to release information contrary to the facts to the media, especially when such disclosures have the effect of wrongfully causing damage to Apple?s reputation,? said a letter to Yang. ?Making misrepresentations in the press to inflame the situation is adversely affecting the interests of the parties in seeking any resolution of the matter. On behalf of Apple, we formally reserve all rights to take further legal action against any individuals and entities for any damages that may result from defamatory statements and unlawful actions intended to wrongfully interfere with Apple?s business and business relationships.?Signature
.
-
Apple will turn an increasing amount of focus to this Proview matter as iPad 3 approaches.
I wouldn’t wanna be Proview right now. It’s about as slam-dunk as Psystar.
Signature
The Summer of AAPL is here. Enjoy it (responsibly) while it lasts.
AFB Night Owl Team™
Thanks, Steve. -
According to another TMO piece, from today, Proview is now ‘prepared to settle’ the case… Huh… That sounds to me like they?ve realized that they’re going to get steamrolled by Apple. That, or they realize that Apple?s legal team can afford to fight this out and keep appealing any ruling against them, for a lot longer than they can.
Either way, there is no way that Proview will get $2B from Apple. If Businessweek is to be believed (http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=334:HK), Proview International Holdings is only worth $155 million. The worst case for Apple would be that they just buy Proview, take the patents, and then close the rest of it down.
Signature
Just remember one thing….
-
The price of the iPad name in China has gone up to $2B
We here at AFB need to seriously get our heads out of the sand and help Tim Cook find another name for the Chinese iPad so he doesn’t have to waste so much money. Ready?“Free Tibet Pad”“Lin Pad”....“Magic Tablet”!!!I think RicePad would be appropriate, if perhaps not entirely politically correct?
-
I think RicePad would be appropriate, if perhaps not entirely politically correct?
MiiPad is closer.
Signature
Stay Hungry. Stay Foolish. - Steve Jobs
-
According to another TMO piece, from today, Proview is now ‘prepared to settle’ the case… Huh… That sounds to me like they?ve realized that they’re going to get steamrolled by Apple. That, or they realize that Apple?s legal team can afford to fight this out and keep appealing any ruling against them, for a lot longer than they can.
Either way, there is no way that Proview will get $2B from Apple. If Businessweek is to be believed (http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=334:HK), Proview International Holdings is only worth $155 million. The worst case for Apple would be that they just buy Proview, take the patents, and then close the rest of it down.
I read it’s the collective banks owed over 1 Billion US by Proview that’s behind this thing.
Signature
The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. The process by which banks create money is so simple the mind is repelled.
