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Today in Apple history: Apple pays to use ‘iPad’ name
- Apple paid up to settle a trademark dispute with Fujitsu over the name 'iPad' in the US.
- Fujitsu had a device called the iPad before Apple's tablet, used for inventory and sales.
- Both companies claimed rights to the name and capabilities of the iPad, leading to a clash.
- Apple ultimately paid $4 million to acquire Fujitsu's iPad trademark rights.
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