Apple comes with iPhone, Cisco fires back in the court

Apple's Steve Jobs just introduced the long awaited and rumored iPhone to the fans.
Fans are happy and crazy about it
Apple stocks raises up
Cisco files a lawsuit against Apple for using their iPhone trademark which they got by acquiring infogear back in 2000.

Funny thing is that Cisco surely knew all the time that if Apple comes with it's phone, it sure is going to call it iPhone.

Also to come, is the Apple TV in February. Next few months are going to be really interesting for Apple fans.

Apple stocks fall as Jobs goes under investigation

As the news spread that Apple CEO Steve jobs was handed 7.5 million stock option back in 2001 without the board of directors approval, an official investigation started to take place, and the Apple CEO have already appointed his lawyer for the case. The Apple stock saw a black day yesterday when his stock from $81.5 to as low as $78.34, lowest this month, before it adjusted to normal again. MSN News has more on the story.