As usual we present the news with an idea for a trade. I blogged a few days ago about Apple issuing our first buy signal for it in months. There could be a court case coming up apparently that’s outcome (although I have no idea of how the case will play out but I think its time someone kept people honest and Apple and Jobs is so beloved that I wouldn’t want to bet on Samsung) could be hugely positive for Apple but even more negative for Google. So here’s a pairs trade idea that just makes sense on a lot of levels Long Apple Short Google.
By Dan Levine and Carlyn Kolker
Thu Dec 1, 2011 8:00pm EST
(Reuters) – The biggest legal battle for the technology industry is playing out in a federal court in Silicon Valley, where Apple is trying to stop Samsung from selling Galaxy phones and tablets in the United States.
via Insight: Apple vs Samsung lawsuit full of secret combat | Reuters.