iPad wasn't owned by Apple, it was a stolen name!

In 2002, Fujitsu, a Japanese firm made a device called the “iPad,”.

Ealier, the lightweight device was used for facilitating inventory management
and credit card payments.

In 2010, when Apple decided to launch its signature device, "iPad", they were
caught amidst a naming controversy.

Fujitsu accused Apple of stealing its product name and threatened to sue the
company.

To settle the allegations, Apple purchased the trademark rights from Fujitsu for
a whopping $4 million.

The rest is history as Apple’s iPad became a signature line of tablet computers.

Do you think it's always better to do honest business rather than stealing
secrets?



Originally posted by Radhika Bajoria on LinkedIn
link: linkedin.com/in/radhika-bajoria-3102ba158