Apples settle decades-old dispute
By Jordan Robertson
Associated Press
SAN JOSE, Calif. — For the third time in nearly three decades, iPod maker Apple Inc. has resolved a bitter trademark dispute with The Beatles' guardian Apple Corps Ltd. over use of the iconic apple logo and name.
But while the truce announced yesterday appeared to finally bury the long-simmering animosity, music lovers will still need to wait for the right to buy songs such as "Love Me Do" or "Hey Jude" on Apple Inc.'s iTunes online store.
The announcement — made jointly by one of the world's largest music sellers and one of history's most beloved bands — was silent on whether the catalog of Beatles songs will become available for download any time soon.
The settlement gives Apple Inc. ownership of the name and logo in return for agreeing to license some of those trademarks back to London-based Apple Corps — guardian of The Beatles' commercial interests — for their continued use.
It ends the ongoing trademark lawsuit between the two companies. Other terms of the settlement were not disclosed.
Industry analysts said a resolution on putting The Beatles' music online is likely already in the works.
"It goes from impossible to a lock that it's going to happen — it's a function of time at this point," said Gene Munster, senior research analyst with investment bank Piper Jaffray & Co.