Munster: Apple-Google ‘Drama Far From Over’

Apple’s $1 billion jury verdict against Samsung for violating its iPhone patents won’t likely hurt the manufacturer — or Andoid operating system parent Google — as much as some might think, Piper Jaffrey analyst Gene Munster told CNBC.

On “Fast Money,” Munster pointed to Google’s recent acquisition of Motorola Mobility — and all of its patents.

“If you’re Google, you’re looking out for your hardware partners, and you’re stepping back this morning and saying which of their 12,000 patents that they have now are they probably going to counterpunch with Apple, and so this drama’s far from over,” he said.

Munster also pointed out that Samsung makes roughly 40 percent of the iPhone’s components, leaving a question as to what will happen to that relationship.

Trader disclosure: On Aug. 24, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Joe Terranova is long AAPL, Joe Terranova is long VRTS, Joe Terranova is long SBUX, Joe Terranova is long WFM, Joe Terranova is long CSTR, Joe Terranova is long CHKP, Joe Terranova is long EMC, Joe Terranova is long NXPI, Joe Terranova is long AAPL SPT. $640 PUTS, Joe Terranova is long AAPL SEPT. $700 PUTS, Joe Terranova is long OCT 2012 GASOLINE; Guy Adami is long C, Guy Adami is long GS, Guy Adami is long INTC, Guy Adami is long AGU, Guy Adami is long NUE, Guy Adami is long BTU; Steve Grasso is long AET, Steve Grasso is long ASTM, Steve Grasso is long BA, Steve Grasso is long GDX, Steve Grasso is long LNG, Steve Grasso is long MHY, Steve Grasso is long NVIV, Steve Grasso is long PFE, Steve Grasso is long S; Stephanie Link is long AAPL; Stephanie Link is long BRCM; Stephanie Link is long CVX; Stephanie Link is long SLB; Stephanie Link is long ETN; Stephanie Link is long JPM;

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