Apple drops £38 million for rights to iPad name in China
Apple has had to pay out a hefty £38 million to Proview for the rights to the iPad name in China.
Apple already owned some of the rights to the iPad name, but after iPad units were barred from Chinese shelves, the Cupertino tech giant had no choice but to fork over the cash.
Good news for Chinese Appleites then. iPads are back on shelves in China after one simple transaction, which in the grand scheme of things, is pocket change for Apple.
Now if you'll excuse us, we're off to buy the rights for iToilet. You never know, after all.
You might also like
Sony buys Gaikai - cloud gaming coming to PlayStation 4?
Google Nexus Q has hidden Magic 8-Ball powers
Trackpad mouse hybrid aims to point, click and swipe its way into your heart
Comments
markster1971
46 weeks ago
i think proview have every right to sue apple. its there name. and apple pinched it.