You're watching...
Kaltbaum Capital Management President Gary Kaltbaum and Mashable.com Editor-in-Chief Lance Ulanoff on how Apple’s patent lawsuit victory will impact...
Also in this playlist...
Auto-advance: ON
Auto-advance
This transcript is automatically generated
The patent showdown of the century -- scoring a sweeping billion dollar victory over Samsung.
The court ruling Friday.
The Korean tech giant infringed on six out of seven apple patents.
Apple infringing on nine joining me now with the very latest Gary call -- the president called on capital management and Lance -- up.
The editor in chief -- -- dot com welcome to you both.
-- -- start with you quickly if I want to talk about the impacts on the stocks.
Apple do pretty good with this news what do you senior crystal ball for these two stocks.
The crystal ball I thought that Apple Stock at Apple Stock has been doing well and so has Google's I think both will be fine at this point in time.
-- and Apple's coming out with the iPhone in the -- EI -- if they keep the coolness back there.
I think they're gonna be lines around the blocks I think it'll be in good -- and amazingly some -- -- big story as.
Evil would Apple's growth it's still trading at fifteen times earnings -- which is -- the same -- like a Merck at this point in time quite amazing to watch that.
While it looked like apple was actually down I don't think I've ever seen that -- while.
Gary the apple is up -- -- I was up today and I missed reading in the chart I think.
I wouldn't turn that was -- twelve or thirteen tonight I -- turned it Mark Cuban for a second who tweeted about this very Casey said.
Thanks apple and it's now mandatory protect companies to sue each other prices go up.
Competition and innovation -- Mark Cuban of course known as one of the early Internet pioneers -- broadcast dot com.
-- -- -- -- Will consumers benefit from that's.
I don't know that they'll benefit from it and I'm not so though initially feel any impact from it either you know people can tell him up prices going up prices aren't going to go up you know why no -- will buy the products that they go up -- The prices have been set -- some can't raise its prices.
If it wants to compete with apple and it will continue to compete with apple.
And even the products that Apple's trying to pull from the shelves there's like eight products that it wants to -- right now.
And that's what submitted to the judge their products that are kind of out of market or any -- really doesn't matter that much.
But what matters is company this a chilling effect companies are going to be nervous as they develop new products and tried to bring them to market because apple has.
Laid down the rules they've created what is the best kind of Smartphone what is the best kind of tablets and everybody's kind of starting with that idea but now -- -- we've got to be careful because apple will go after might -- you know there's -- -- -- -- -- -- -- -- Innovation is not gonna suffer and there's a simple reason why.
Research in Motion and Nokia.
They did not innovate they fell behind these companies know especially the technology area they do not stay in front they are gonna fall behind.
And when you have vicious competitors that are out to do the best for themselves and their shareholders and their balance sheets you are dead meat if you don't in -- I'm not worried about innovation.
-- all apple really solidifying.
Its position in the marketplace.
It's the worldwide leader.
You know we think of this is you know what cutting edge company but in many ways it's becoming more like an old line American -- like -- GM of our generation.
-- make of that analysis.
Well look -- -- it's an amazing story I think of the they're probably.
Top one or two right now as far as brand -- -- brand name recognition off the well the world.
And may be -- just getting started I mean we may be in the early.
-- evolution of this so there may be a long way to go and look I don't blame -- apple for protecting -- chart.
That's right disagree with Mark Cuban they're making products -- the people come out of the -- -- trying to do something about it yeah I.
I feel for what -- from an apple perception yes they've got these sort of perception as the leader around the world but -- -- actually Liederman android phones -- has a market share right now mean they really exploded.
-- when Steve Jobs found out about enjoyed it so if you want to take it down he was so so angry he was going to go after them.
And bit by bit apple has gone after -- different companies Samsung being the biggest fish.
But this is a really interesting time now because -- you mentioned Nokia will what's Nokia doing right now it's partnering with Microsoft on the Windows Phone.
Windows Phone ain't coming around the corner what is different about -- -- everything's different about when this -- it didn't really copy apple didn't copy via phone.
Are right at -- -- that was interest -- make sure I get this segment -- Samsung products make up twenty -- 6% up iphones component costs out.
You know as we're putting -- -- enemies with benefits at that these two companies are actually co dependent.
Right that's right -- plants they were together I mean that's the crazy.
Think -- -- rip apart any of your favorite apple products and you'll find Samsung component apple designs and -- builds them they have a very good relationship.
In that part it's really bizarre because this case will continue for years and so will the relationship between these two companies.
Our apple mixes it up a bit that you're at the -- -- it happens that the best thing that could happen as they get rid of these lawsuits because the hundreds of millions of all their -- staying.
On these lawsuits in the lawyers they can now work on innovation and better products down the road -- I agree with you guys are -- -- -- thanks for telling good night appreciate it.
