February 22, 2007
Agreement on the iPhone Name
Apple and Cisco have reached an agreement on the use of the iPhone name, which Cisco owns (except in Canada). iPhone is of course the name given to the new Apple keypad-less phone due out in the USA later this year. [Sacramento Business Journal, Red Herring.]
From what I can gather, they're both going to use the name, which Cisco has owned through their Linksys subsidiary since 2000. There's no mention of the Canadian-based VoIP provider Comwave, who is claiming trademark ownership of the name iPhone in Canada.
Interestingly, same day reaction in the stock market caused Apple shares to go up about 30 cents and Cisco to go down about 28 cents.
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