Rough Day for Apple recalls 1.8 million laptop batteries, Settles for 100mm with Creative over Patent

by slimshady | August 24, 2006 at 05:24 pm

499 views | 0 Recommendations | 0 comments

Shocked the stock is where it's at with the 1.8mm recall and the 100 Million to settle the patent suit with Creative Technology...

the company recalling 1.8 million Sony-based, rechargeable
lithium-ion battery packs for a number of its iBook G4 and PowerBook G4
notebook computers.

The recall, reported in a release by the U.S. Consumer Product
Safety Commission, involves 1.1 million battery packs sold inside the
U.S., and 700,000 sold outside the U.S

http://abcnews.go.com/Technology/ZDM/story?id=2351743

Apple and Creative Technology said Wednesday that they have settled all outstanding litigation between them, with Apple paying Creative $100 million for the use of a key patent.

As a result, Creative will become a "Made For iPod" program partner, and the company said it plans a line of Apple iPod accessory products later this year. Interestingly, Apple can also recoup part of the Creative patent settlement if Creative is successful in licensing the patent to others.