Apple stock prices rise 8/27/2012

Apple stock prices rise 8/27/2012 : Apple's $1 billion court win against Samsung is translating into a much bigger jump in its market value. Apple shares were up $11.98, or 1.8 percent, at $675.26 in morning trading Monday. That boosts Apple Inc.'s market capitalization, already the highest in the world, by $11 billion to $633 billion.

in opening trading, Apple shares hit $680.87, a new all-time high. Late Friday, a nine-person federal jury in Silicon Valley found that some of Samsung's products illegally copied features and designs from Apple's iPhone and iPad.

Investors appear to be betting that the verdict will make it harder for Apple rivals to ride on the iPhone's coat-tails. In particular, analysts said it's likely to slow the growth of Android, Google Inc.'s operating system for smartphones. It's used by Samsung, HTC, LG and Motorola, now a division of Google.

Samsung Electronics Co. shares fell 7.5 percent in Korean trading.

Apple could ask the judge to stop sales of infringing Samsung products in the U.S. Samsung, the world's largest maker of smartphones, could still keep selling its products unchanged in the rest of the world. But the U.S. is the world's largest market for smartphones, and Samsung is likely to want to remain there

We believe this verdict could lead to Samsung delaying near-term product launches as it attempts to design around Apple's patents, While Apple has been the driving force in the smartphone market since the iPhone was launched in 2007, it only commands 19 percent of the worldwide market share, accord to research firm IDC. The high price of the iPhone keeps it out of consumer hands, particularly in emerging markets.

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