$1.6B is nothing to Apple. They had $80B in cash at the end of September and could very well pass $100B after the holidays.
I don't think there's any way Apple will dilute the brand of one of their flagship products in their hottest market. Plus, it works both ways: they would have to find a trademark that works everywhere else so that competitors don't snatch up the new trademark in other countries.
I don't think there's any way Apple will dilute the brand of one of their flagship products in their hottest market. Plus, it works both ways: they would have to find a trademark that works everywhere else so that competitors don't snatch up the new trademark in other countries.