A Federal appeals panel has determined that Apple will not be compelled to publicly reveal sensitive financial details, including profit information, as a result of the company’s high profile legal war with Samsung.
Auspiciously for Samsung, the decision also shields the Android-device maker from having to similarly disclose otherwise closely guarded financial information.
The panel’s decision today effectively reverses the a lower court’s ruling, which would have forced both tech giants to disclose profit and sales data. In this matter, the panel ruled that transparency is not impeded by protecting the privacy of the company’s financial data.
“We recognize the importance of protecting the public’s interest in judicial proceedings and of facilitating its understanding of those proceedings,” the panel ruled, according to Reuters. “That interest, however, does not extend to mere curiosity about the parties’ confidential information where that information is not central to a decision on the merits.”