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Scottsdale, AZ -- (SBWIRE) -- 02/06/2013 -- Intellectual Property Rights issues have caused companies to pay millions of cash in order to secure their status and US tech giant Apple Inc. is one of the leading company that has used more money on IPR concerns than R&D.
Commonly recognized as RZD, Russia’s railway monopoly Russian Railways has submitted a lawsuit versus US most innovative tech titan Apple Inc. (NASDAQ:AAPL). The Russian group wants two million rubles ($67,000) for the use of its trade mark in Apple Store online shop. The initial court meeting on this issue would be kept on Tuesday, February 6th, at the Moscow Arbitration Court.
How Apple reacted to Russian trade mark issue after almost same move in Brazil? Find in this report
The US tech titan was under attack by trade mark issues, as Brazilian court gave decision in favor of a local company to use iPhone trade mark as it filed earlier than Apple.
Shares of Apple Inc. (AAPL) were eager to find their way out of bearish claws and were trading just above the trend line with positive change of almost 1% during recent trading session at 12:23 AM EST.
Apple Inc. (NASDAQ:AAPL) was trading higher by 5.40 points or 1.18% to 463.05. So far, around 13.83 million shares have changed hands in this session. After opening at $456.07, the stock hit as high as $466.50. However, it traded between $435.00 and $705.07 over the last twelve months.
Will AAPL Continue To Move Higher? Find Out Here
Semiconductor tycoon, Micron Technology (NYSE:MU) plans to bid, conditional on market and other considerations, USD 220 million aggregate principal amount of convertible senior notes pending on 2033 and USD 220 million total principal amount of convertible senior notes pending for 2033 via an offering in the United States to capable institutional buyers.
The share price of Micron Technology (NYSE:MU) is ranging between $7.70 and $8.06. It was 1.59% higher at $7.99. During the past 52 weeks, the stock has ranged from a high of $9.16 to a low of $5.16. So far this year, shares have gained 26.18% and 1-year performance stands around +3.56%.
How Micron Technology Facilitate its investors? Find out here
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