Apple loses right to use the name ‘iPad’ in China – and the company that owns it wants £1BILLION compensation – Daily Mail

Apple CEO Tim Cook recently said, ‘China, the sky’s the limit there,’ at an earnings conference. The Apple Store in Beijing is among the company’s highest earners. But a court in China has ruled that a local tech company, Proview, which registered the name ‘iPad’ in China in 2001, still owns the …