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Apple can begin selling its phone with the name that its strong-willed chief executive, Steven P. Jobs, seemed to prefer.
Cisco can also continue to use the name, and with the promise of interoperability, it might have some of the hype and magic surrounding Apple’s products rub off on its own less prominent offerings.
Network equipment maker Cisco Systems Inc. and Apple Inc. said on Wednesday they had reached an agreement that allows both to use the "iPhone" name, after Cisco sued the iPod maker for using it for a new multimedia phone.
Financial terms of the agreement were not disclosed.
In a joint statement, they said both companies are free to use the "iPhone" trademark on their products throughout the world, and each side will dismiss any pending actions regarding the trademark.
Apple and Cisco reach agreement on iPhone name [uk.reuters.com]
I really wonder how that is going to work out. I suspect this question will ring out many times, "is it an Apple iPhone, or Cisco iPhone you're talking about?"