Which Is It?
From Bloomberg Marketwatch, August 28:
Since the $1.05 billion verdict Friday — which found that Samsung infringed on six Apple AAPL -0.05% patents — customers of Samsung have been dumping their Android products on at least one major resale site. Gazelle.com reports a 50% increase in Samsung smartphones over the past three days, which has led to a 10% drop in prices for those devices. “Consumers seem to be jumping ship,” says Anthony Scarsella, chief gadget officer at Gazelle.com. “We expect this trend to continue, especially with this latest verdict.”
Then from Forbes, also on August 28:
On Friday, a California jury ruled in favor of Apple (NASDAQ: AAPL) and ordered Samsung to pay just over $1 billion for infringing on the iPhone maker’s patents. Many critics have been quick to analyze the verdict, but there appears to be an interesting side effect that no one saw coming: increased sales of the Galaxy S III.
So Apple’s court victory is both hurting and helping Samsung smartphone sales.