Apple trademark dispute settled

Apple Inc., Beatles' Apple Corps. reach new agreement over use of 'Apple' trademark and logo.


NEW YORK (CNNMoney.com) -- Apple Inc. and The Beatles' company Apple Corps. have reached a new trademark agreement, the companies said Monday.

The statement announcing the agreement made no mention of any accord on the downloading of Beatles' songs.

The agreement brings an end to the ongoing trademark lawsuit between Apple Inc. (Charts), creator of the iPod digital music player and Macintosh line of computers, and Apple Corps. over the use of the name "Apple" and the apple logo.

Apple Corps. is the group which holds the Beatles' business interests.

Cupertino-Calif.-based Apple will own all trademarks related to "Apple" under the deal and will license some of those trademarks to Apple Corps.

Terms of the deal were not disclosed.

"It feels great to resolve this in a positive manner, and in a way that should remove the potential of further disagreements in the future," Apple Inc. CEO Steve Jobs said in a statement.


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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.