Good news | Bad news

By Laurie A. Duncan

The good news is that Apple (AAPL) shares hit a 4-year high of $40.64 today. Q4 2004 financials will be released and discussed on Wed, Oct. 14, after market close. As usual,
the earnings conference call will will be streamed live via QuickTime. Way to go Apple! Let's hope they can continue to meet demand with ample supply and continue on this upward path.

The bad news is that Apple is being sued by
Honeywell for alleged infringement of a patent for technology that "increases the brightness of images and that reduces the appearance of certain interference effects on a liquid crystal display
(LCD)." The lawsuit, filed in U.S. District Court for the district of Delaware, asks for monetary damages and an injunction to bar the sale of products that infringe its patent.

The other good news is that at least Apple isn't the sole defendant. Casio, Dell, Kodak, Fuji, Nikon, Sony, and Toshiba, amongst 30+ others are named in the suit.

I guess now would be a good time to buy that new Cinema Display you've been waiting for :)

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