Apple was handed a minor victory recently when the Obama administration chose to veto a ruling from the International Trade Commission on an import ban against older models of its ever-popular iPhone and iPad. This is just the latest move in the long, drawn-out patent war being fought by nearly every major tech company in the world these days. And while being able to sell more product isn't a bad thing, these older iDevices aren't massive sales drivers for Apple. Actually the ruling isn't going to help pad Apple's bottom line too much. However, that isn't to say that this ruling isn't significant. In this video, tech and telecom analyst Andrew Tonner talks about how the real winner in this ruling is exactly who today's tech giant should worry about most -- the consumer.
The worldwide web of lawsuits among today's tech giants just goes to show how serious the stakes are as the biggest titans increasingly invade one another's turf. At stake is the future of a trillion-dollar revolution: mobile. To find out which of these giants is set to dominate the next decade, we've created a free report called "Who Will Win the War Between the 5 Biggest Tech Stocks?" Inside, you'll find out which companies are set to dominate and give in-the-know investors an edge. To grab a copy of this report, simply click here -- it's free!
The article The Real Reason Investors Should Love the Obama iPhone Veto originally appeared on Fool.com.
Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter at @AndrewTonner. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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