Apple, Cisco reach deal over iPhone
Cisco Systems Inc. and Apple Inc. have agreed to share the "iPhone" name, but both companies are staying tightlipped about what future products might come from the resulting deal to collaborate on "interoperability" between the companies' products. The settlement was announced late Wednesday in Cisco's trademark-infringement lawsuit, which was filed last month in San Francisco federal court and threatened to derail Apple's use of the iPhone name for its much-hyped new iPod-cellular phone gadget. The sleek multimedia device is set to go on sale in June with a retail price starting at $499. The companies said Apple will be allowed to use the name in exchange for exploring wide-ranging interoperability between the companies' products in the areas of security, consumer and business communications.