We recently heard that Apple could possibly lose the iPhone trademark in Brazil, the iPhone trademark in Brazil is owned by a company called Gradiente Electronica SA, the trademark was registered by the company back in 2000.
Now Brazilian regulators have made a decision on the trademark for the iPhone name in the country, and it is not good news for Apple as they have ruled in favor of Gradiente Electronica SA.
Apple can use the iPhone trademark for other things in Brazil, just not anything to do with electronics or mobile phones, which means that Apple will now have to negotiate with Gradiente Electronica SA to see if they can purchase the trademark.
Gradiente Electronica SA have previously said that they would be open to discussions with Apple on the sale of the iPhone trademark, so we guess all it comes down to now is money, unless Apple decides to appeal the decision by the Brazilian regulators.
Source BloombergFiled Under: Apple, Apple iPhone, Technology News, Top News