
Apple Inc.'s introduction of their new iPhone may have kick-started its first campaign in the mobile phone war, but were they counting on a two-front battle? Already faced with the challenges of competing in a well-serviced market, Apple was unable to come to terms with Cisco systems on the use of the iPhone moniker, and now faces a legal battle just to hold onto their product's name.
Bodog has released their initial odds for victory:
• Will Apple Inc. (AAPL) stock close with a value of 110.00 or more by June 15th, 2007? (Yes: -140, No: EVEN)• Will Cisco win their lawsuit against Apple Inc. over the "iPhone" trademark? (Yes: +500, No: -105)
• Will Apple Inc. be forced to change the name of the iPhone due to Cisco's trademark? (Yes: +500, No: -900)
The odds favour Cisco winning the lawsuit, but count me among those who think this will be settled amicably enough (with Apple keeping the name) before any verdict is read.
iPhone Oddsmodo: The Chances Cisco will Destroy Apple in Court [gizmodo.com]
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