MarketFoolery: 08.27.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 27 August 2012
⏱️ 15 minutes
🧾️ Download transcript
Summary
In the wake of the Apple/Samsung verdict, the guys analyze winners and losers in the mobile smartphone industry. Plus, Hertz spends $2.3 billion to buy Dollar Thrifty and AOL says “You’ve Got A Dividend!” to shareholders.
Transcript
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| 0:00.0 | It's Monday August 27th. |
| 0:04.0 | Welcome to Market Fuller. |
| 0:05.0 | I'm Chris Hill and with me in studio today from Motley Fool 1, |
| 0:08.0 | Jason Moser and for Motley Full Inside Value Joe Maker. |
| 0:10.0 | Happy Monday guys. |
| 0:12.0 | Happy Monday. Happy Monday. We got some consolidation going on in the rental |
| 0:16.3 | car industry. We've got a big dividend being paid out by AOL, but we're going |
| 0:20.3 | to start with the news from late on Friday that a jury found Samsung guilty |
| 0:25.7 | of infringing on six of Apple's patents. |
| 0:28.9 | The patents are used in multiple devices and Apple was awarded 1.05 billion in damages. |
| 0:36.8 | Not surprisingly, Joe, shares of Apple up more than 2% today and Samsung down more than 7%. |
| 0:43.0 | There are a lot of parts to this story. |
| 0:46.0 | Let's just start first and foremost with the verdict |
| 0:51.0 | because as you and I were talking about last weekend and a bunch of us here in the office |
| 0:54.5 | this was a jury deliberation that was expected to take weeks and instead it was wrapped up in |
| 0:59.4 | three days and you know I mean did Apple just totally did their lawyers just totally |
| 1:04.0 | slam dunk this what do you think? Well I think it's a big win for Apple I mean I'm not a |
| 1:07.8 | patent attorney but I have played one in improv and I can tell you that this was an |
| 1:12.3 | amazing turnaround. |
| 1:14.0 | Three days for the amount of information that they had. |
| 1:17.0 | I mean, last week, all anyone could talk about was how hilarious it was, |
| 1:20.0 | how much material the jury had to get through. |
... |
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