Apple Patent: Apple Inc (NASDAQ:AAPL) is well known for applying for patents. In fact, the Cupertino-based company applies for hundreds upon hundreds of patents every year. While some of the ideas go unused, others are quite intriguing. Today, we want to take a closer look at the company’s latest patent filing.
Apple is actually the smart money’s second favorite publicly traded company (see why it’s important to pay attention to hedge fund activity).
You can view the patent in its entirety on this page.
For a better idea of what this technology is able to do, let’s take a close look at the patent abstract:
“Location data is exchanged between a portable media device and an accessory. If the portable media player is equipped with location determining capability, the portable media device can communicate its location data to the accessory, and the accessory can use this location data to perform various tasks. If the accessory is equipped with location assistance capability, the accessory can communicate location data to the portable media device, and the portable media device can use this location data to perform various tasks.”
In other words, the technology will allow for location based data to be transferred between a portable media device and an accessory with the ability for the accessory device to display the information on its screen.
Here is the summary of the patent, explaining in greater detail what this technology has to offer:
“Embodiments of the present invention relate to exchanging location data between a portable media device and an accessory. In one embodiment, the portable media player is equipped with location determining capability. The portable media device can communicate its location data to the accessory. The accessory can use this location data to perform various tasks, e.g., displaying the location on a map for a user. In another embodiment, the accessory is equipped with location assistance capability and can communicate location data to the portable media device. The portable media device can use this location data to perform various tasks, e.g., locating points of interest nearby to the current location.”
Apple Inc. (NASDAQ:AAPL) filed for this patent on March 17, 2009. As you can see, it took nearly four years for the United States Patent and Trademark Office to issue the patent.
The inventors are listed as: Gregory T. Lydon, Ronald Keryuan Huang, Lawrence G. Bolton, Emily Clark Schubert and Jesse Lee Dorogusker.
How do you think the company will be able to use this technology in the future? Share your thoughts in the comment section below.
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DISCLOSURE: I have no positions in any stock mentioned.
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