Apple paying these bozos any amount of money is an outrage, an outrage, I tell you, an outrage!
Yeah, I know that Apple can more than afford it but these clowns at Proview made a deal to give up the iPad trademark long before the iPad's release and therefore really don't have a claim to it now. The original deal should have sealed it long ago and these guys deserve nothing.
$60 million because they feel shafted after the iPad's success and for this to go away on Apple's end, pluh-ese!
I fully agree, but as a shareholder I would rather Apple pay $60M to open up iPad sales in China next quarter than risk $96M in bond money to activate the injunction on the Galaxy Nexus which is 8 months old (ancient in Android years). Only advantage to Gnex injunction is that Apple should be able to get the same injunction on the GS III based on the ruling.
Looking forward to millions of main-land Chinese customers buying the iPad.