Following news that Apple had triumphed Samsung in the patent trial in the US, Apple’s share price rocketed to a record high on Monday, closing at $675.68 (£427.85), having reached a high of $680.87 during the days trading.
When the markets closed on Friday, Apple had hit $663.22, so the stock gained $12.46 per share (an increase of 1.879%) during the day’s trading.
Samsung on the other hand saw its stock drop to 1.173m won ($1,000/$633.21), before closing at 1.180m won at the close of the day’s trading. The 7.5% decline is the biggest fall for the company in four years. It wiped $12bn (£7.6bn) from the value of the company.
Google also faired badly, closing on Monday at $669.22 (£423.76), down from $678.63 on Friday. A drop of $9.41, or 1.387%.
Author: Karen Haslam, Editor
Macworld editor since 2008, Karen has worked on both sides of the Apple divide, clocking up a number of years at Apple's PR agency prior to joining Macworld almost two decades ago.
Karen's career highlights include interviewing Apple's Steve Wozniak and discussing Steve Jobs’ legacy on the BBC. Her focus is Mac, but she lives and breathes Apple.