Apple Inc Investors Support $525 Per Share Despite Legal Battles

Apple Inc (NASDAQ:AAPL): Nearly 700 stoves with Apple’s l0go has been confiscated in Southeast China, reports the Los Angeles Times. Citing Chinese news reports, the stoves were confiscated for safety reasons and not for stealing the Apple logo.

Apple’s upcoming iPad 3 may contain the A5X chip and not the A6, reports AllThingsD. According to BlueFin Research Partners analyst Steve Mullane, Apple’s partner Samsung isn’t equipped to manufacture the A6, which may be a 28-nanometer quad-core chip.

China’s Proview has amended its U.S. lawsuit against Apple (NASDAQ:AAPL) with new claims of alleged fraud by a partner that assisted the tech giant in buying rights to the iPad trademark, according to electronista.

Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) have both been accused by the Orlando-based company PanoMap of violating a patent describing an “interactive system for displaying detailed view and direction in panoramic images,” according to Paid Content.

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