Tuesday February 6, 2007 4:59 pm
Apple and The Beatles - All You Need is Love
Apple Inc. and Apple Corps Limited have finally reached an agreement with the use of the name “Apple.” Under it, the U.S. company will own all the trademarks and license some of them back to Britain for their use. Also, the lawsuit will cease with each party paying its own legal fees. Specific terms of the settlement will not be released.
Both sides appear to be relieved that the entire episode is finally over. Steve Jobs commented, “It feels great to resolve this in a positive manner,” while Neil Aspinal, manager of Apple Corps said that they “look forward to many years of peaceful co-operation.” We can’t wait until a Special Edition Beatles Apple iPod is released to celebrate the event. Hint, hint.
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