We all saw it coming. Cisco Systems is suing Apple for infringing on the rights to its iPhone name, which it has held in the US since 1996.
Cisco said Apple approached the company a few years ago looking to use the iPhone name, and the two tech giants had been negotiating ever since to come up with some sort of licensing agreement.
Apparently, though, Steve Jobs decided to unveil the iPhone at Macworld before ever finalizing negotiations with Cisco. Upon realizing this, Cisco gave Apple lawyers until the end of the business day to finalize the contract, which they never did. Not surprisingly, Cisco Systems is pissed off and suing Apple now.