AAPL: Be Ready For A Wild Ride Monday -- Apple Wins Patent Infringement Suit Against Samsung; TransCanada (Keystone XL) Wins in Texas

Link here.

Samsung responded to the verdict in a statement issued from its Seoul headquarters, saying it was "unfortunate that patent law can be manipulated to give one company a monopoly." 

Just a few years ago Dell said "Apple should close shop." I think Apple still has less than 8 percent market penetration of desktop computers. Go into almost any Forbes 500 company (except Apple, of course) headquarters building and the secretaries are all using non-Apple desktops. I know the military almost uses non-Apple exclusively for their computer needs.

"Today's verdict should not be viewed as a win for Apple, but as a loss for the American consumer. It will lead to fewer choices, less innovation, and potentially higher prices," Samsung said. 

Less innovation? Samsung copied Apple's ideas and patents. I don't know what Samsung innovated.

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Meanwhile, TransCanada wins an eminent domain case in Texas.

A Texas rebellion over private property rights and a major new oil pipeline has been dealt a setback by a judge in Lamar County, who ruled that the Canadian pipeline company TransCanada has the right to exercise the power of eminent domain to run the Keystone XL pipeline across an opposing landowner’s property.

“What this means is that the lowest-level court has chosen to rule in TransCanada’s favor with a summary judgment, and I find it interesting that it was a 15-word ruling sent from his iPhone. We’ve been in court with thousands of pages of documents and testimony and witnesses and hearings, and it comes down to 15 words on an email form his phone.”

How many words did the plaintiff want? Texans aren't exactly known for excessive talking (LBJ excepted).