Reuters: Global Markets: Nokia shares jump on Apple-Samsung ruling

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Nokia shares jump on Apple-Samsung ruling Aug 27th 2012, 07:18 Tweet Share this Email Print Related News With Samsung win on Galaxy Tab, judge may reconsider U.S. ban 1:03am EDT Samsung shares shed $12 billion after Apple's legal victory 12:39am EDT Apple CEO Tim Cook says chose legal action "reluctantly" Sat, Aug 25 2012 Apple triumphs over Samsung in landmark patent case Fri, Aug 24 2012 Samsung warns that Apple decision "not final word" Fri, Aug 24 2012 Related Topics Hot Stocks » Asian Markets » Illustration picture shows Nokia logo on used cell phones, in Zurich, April 30, 2012. Credit: Reuters/Christian Hartmann HELSINKI | Mon Aug 27, 2012 3:18am EDT HELSINKI (Reuters) - Shares in Nokia (NOK1V.HE), the No 2 cellphone maker, rose more than 6 percent early on Monday after its bigger rival Samsung Electronics (005930.KS) lost a court case against Apple (AAPL.O). A U.S. jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the U.S. company $1.05 billion in damages. "In addition to Apple, we name Microsoft (MSFT.O) and Nokia as the main beneficiaries from this outcome," Nordea analyst Sami Sarkamies said in a research note. Nokia and its software partner Microsoft (MSFT.O) have been struggling to win ground from Samsung's Android-powered smartphones which lead the market. (Reporting by Tarmo Virki; Editing by David Holmes) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints Comments (0) This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

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