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U.S. Day Ahead: Patent trial win-win for Apple

Monday, August 20, 2012 - 02:36

Aug. 20 - As Apple and Samsung lawyers make their closing arguments in a patent dispute on Tuesday, Reuters Correspondent Poornima Gupta says not even a loss would hurt Apple's stellar share performance.

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It's -- -- apple is the most valuable company in the world. After smashing through 664. Dollars a share -- anything being able to -- around this freight train. One thing that could slow it down it is the outcome of its kind -- -- with Samsung. But I get to -- -- some of their arguments on Tuesday. And president Jerry the outcome could shift the balance of power in the tech industry here's Reuters correspondent for an even cooped up on what apple victory would mean. Found that would have to -- nine around some of that. Some of the infringing patents and that would mean redesign of its. Successful products like the tablets and Michael on if in his absolute that they would be pretty huge all apple can continue. Did design and market its products -- but it can't deal. We'll hear more about -- -- turnaround strategy when it reports earnings before the -- and the world's largest consumer electronics chain just named Robert jolly as a CEO different exactly is well known for his work -- Vivendi's video game business and -- back on their feet. But the announcement did little to turn around best buy stock. Its shares tumbled on the appointment -- is that buyout talks with founder Richard channel that broke down over the weekend. Lots of red flag this quarter as the number of US firms and missing revenue forecast hit its highest level in three years. We'll see if this continues as more companies reporting results. Before the -- it's Barnes & Noble which have a lot riding on it's not as that faith is tougher competition from Amazon. We'll also hear from Medtronic and investors will focus on its cardiac and spine business. And after the close to outlook tell us how its ailing PC industry is very compared to tablets and Smart now. One that I had to pay close attention to Atlanta president Dennis Lockhart. He's. About the US outlook in relation to Latin America. Markets will really be focusing on what he's -- about the likelihood of more stimulus for the economy. Recently -- heart signaled he was closer to supporting Ben Bernanke pulling -- eat trigger. If the recovery remained weak. Braves -- I did before the Fed releases minutes from its last policy meeting. And stay with Ritter's TV and insider for more expert announces on Apple's seemingly unstoppable right. Check operators -- -- about Reuters dot com slash Reuters TV. And follow us on Twitter or benefit to me at Reuters Insider. I'm putting on this is breeders'.

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U.S. Day Ahead: Patent trial win-win for Apple

Monday, August 20, 2012 - 02:36