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Apple after the bell 6/14/06: down a bit as Creative challenges Apple's patents

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Apple finished today at $57.61, down 72 cents. The negative news for Apple today was that the other MP3 device company Creative has gotten the International Trade Commission to launch an investigation into whether the iPod infringes on Creative's patents for the Zen player. Creative's stock rose some 5% today as news came out.

Creative is trying to overthrow Apple, but Apple is pretty firmly cemented in the #1 position for digital music players. As a result Creative and Apple have been circling each other like a pair of territorial yard dogs, with both companies filing patent complaints against each other over the last year.

[Disclosure: I own Apple stock at the date of this post]

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Last updated: November 26, 2009: 02:10 PM

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