Despite its earlier decision to defend 4 Branding, Apple has blinked now. The iPad-maker has taken a lot of heat over the use of the 4G term in the name of its latest iPad.
While the tablet is indeed LTE-capable in United States, it is not in most other places. Thus, some folks found that misleading.
Apple has been getting sued by the Australian Competition and Consumer Commission (ACCC) over the moniker. Now it seems that the issue is closed.
The Australian reported that the Cupertino, California-based company had agreed to pay $2.25 million in a settlement over the 4G iPad confusion. Presiding judge is yet to approve the payout.
It will be interesting to see what the fallout in the rest of the world is, as Australia was not the only country concerned with Apple’s ‘misleading’ advertising. $2.25 million may not be a big amount for Apple, but if you multiply that by 10 or 15 countries, Apple will feel the sting when it has to spend that much amount in all countries.
What is your opinion about this settlement? Is it a fair deal? Post your comments.
Source: iDownload Blog