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Monday, August 27, 2012

Apple copyright case against Samsung

When I read the news that the jury awarded compensation of $1 billion to Samsung for the copyright case, I was shocked.

However, the following news report sounded quite optimistic
http://www.todayonline.com/Technology/EDC120825-0000066/Samsungs-defeat-could-actually-help-raise-its-brand

A few analysts had shared the same view. But I was not convinced. It seemed too optimistic.

My instinct turned out to be correct when the share price of Samsung dropped by 7.5% in Seoul on the first day of trading. It seemed that the shareholders are quite worried about the impact on Samsung.
http://www.todayonline.com/Business/EDC120828-0000029/Samsung-shares-plunge-on-fear-of-US-sales-ban

Yes. it is difficult to trade in shares and to interpret the news. It is also difficult to know which analyst to believe and not to believe.

Now, here is the million dollar question. Should you buy Samsung now, when it has dropped 7.5%? 

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