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Apple is given more time to respond to iPhone suit

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From Bloomberg News

Apple Inc. was given more time to respond to a lawsuit by Cisco Systems Inc. as the companies work toward an agreement on the use of the iPhone brand.

The extension, which comes three weeks after San Jose-based Cisco sued Cupertino, Calif.-based Apple for using the iPhone name, may allow the companies to agree on rights to the brand and ways their products can work together, they said in a joint statement.

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