Hello Friends,
Found this interesting article for the iPhone lovers.
Apple made a big splash when it announced the iPhone last month. Many who watched Steve Jobs demonstrate the device thought, "That is so cool -- I want it now!" But with its hefty price tag, restriction to a single carrier and departure from many traditional smart-phone features, buying the iPhone requires careful forethought.
Cisco Systems Inc. said on Wednesday it sued Apple Inc. over its use of the iPhone trademark held by Cisco, a day after Apple unveiled a widely anticipated multimedia device of the same name.
The highly volatile shares of Apple, which was not immediately available for comment, initially fell 1.3 percent in after-hours trade following the announcement and then pared the loss to less than half a percent.