Apple, Samsung do not have to disclose profit details -court

By Dan Levine (Reuters) - Apple Inc and Samsung Electronics Co Ltd do not have to make public the financial details submitted to a U.S. court during high-profile patent litigation, a federal appeals panel ruled on Friday. The Federal U.S. Circuit Court of Appeals in Washington reversed a lower court ruling that ordered the two companies to disclose portions of documents that contain profit and sales information. "We recognize the importance of protecting the public's interest in judicial proceedings and of facilitating its understanding of those proceedings," the 3-judge appeals panel decided. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/apple-samsung-not-disclose-profit-details-court-162421270.html