Apple loses iPhone name to local Mexico brand

After the ruling at Brazil,which barred Apple from using iPhone name to sell its mobile phones,giving legal authority to local company Gradiente to use the Android mobiles to sell under the same name.

Well this was thought to be a single incident,but the history is repeating itself for  Apple’s case ,and that also very soon.This time Argentina followed the Brazil way and ruled in favor of local Mexican company,iFone.The company registered the name in 2003 .much before Apple . Can such rulings, shrink the market for Apple iPhone?,thats the Million dollar question needed to be answered by Apple.

Source :- Wall Street Journal