Apple (AAPL)

Cisco Systems, Inc. et al v. Apple Inc.

Plaintiffs Cisco Systems, Inc., Cisco Technology, Inc. and Cisco-Linksys LLC filed this action on January 10, 2007 in the United States District Court for the Northern District of California alleging that the Company was infringing Cisco’s “iPhone” trademark. The complaint included causes of action for trademark infringement under the Lanham Act, unfair competition and other related claims. Plaintiffs sought an injunction, damages, and other relief. The parties have reached a settlement and the matter is concluded. Settlement of this matter did not have a material effect on the Company’s financial position or results of operations.

Cisco Systems, Inc. et al v. Apple Inc.

Plaintiffs Cisco Systems, Inc., Cisco Technology, Inc. and Cisco-Linksys LLC filed this action on January 10, 2007 in the United States District Court for the Northern District of California alleging that the Company is infringing Cisco’s “iPhone” trademark.  The complaint includes causes of action for trademark infringement under the Lanham Act, unfair competition and other related claims.  Plaintiffs seek an injunction, damages, and other relief.  The Company’s response is not yet due.