U.S. sales ban goes into effect on Samsung Galaxy Tab 10.1
Apple has posted a $2.6 million bond to secure a sales injunction against Samsung's Galaxy Tab 10.1 tablet.
To think that Apple pulled in more than $39 billion in revenue during the last quarter, it took little effort in the Cupertino-based technology giant to cough up the amount necessary to enforce the sales ban.
The bond was required to secure the sales ban, and will go towards protecting Samsung from financial harm should the injunction later prove to be invalid or overturned by a higher court.
Samsung must now abide by the sales ban, which will see all Galaxy Tab 10.1 products removed from store shelves, or face contempt of court charges.
Samsung failed to request a stay on the injunction while it appeals to the Federal Circuit and asked for an expedited hearing for this Friday.
Considering the Korean-based smartphone giant has a wide array of tablets --- including its successor, the Galaxy Tab 2 10.1 --- its overall tablet market share and sales are not likely to be vastly impacted. However, the injunction does strengthen Apple's case as it seeks further injunctions in other jurisdictions around the world.
Image credit: CNET.
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