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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/D2KhKwMo-rk/story01.htm
Friday, May 11, 2012
Proview lowered asking price of iPad trademark from $2 billion to $63 million after Apple offered $16 million
Apple and Proview are apparently in talks to settle the case of who has rights to the iPad trademark in China, and rumor has it Apple's initial offer was $16 million. This is after Proview's initial ask of a whooping $2 billion in February, which they've since lowered to $63 million according to anonymous sources.
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