Remember when Apple was ordered to post an embarrassing mea culpa on its UK website, proclaiming publicly that Samsung didn't copy the iPad? Well, Apple has complied—and in the court-ordered 14-point font—but with a distinct lack of contrition, quoting extensively from the judge's ruling that Samsung's tablets "are not as cool" as Apple's. It also noted that other courts have concluded that "Samsung willfully copied the far more popular iPad."
"And that's how Apple turned its punishment lemons into sweet mockery-flavored lemonade," the Atlantic Wire quips. But all is not well for Apple. The earnings it reported yesterday were worse-than-expected, and analysts are still working out the implications. Fortune has a roundup of overnight notes, many of which still seem bullish. "The investment community tends to get 'wrapped around the axle' on tertiary details," one analyst said of the panic. "We call the first two quarters following a new iPhone launch as the '180 Days of Entitlement.'"