New Apple Deal Will Allow Steve Jobs And Paul McCartney To Finally Make A Few Bucks

The Wall Street Journal is reporting that Apple (the company in charge of the Beatles’ catalog) and Apple (the computer company that can’t seem to make a decent battery) have settled their trademark dispute:

Under a new deal that replaces one reached in 1991, Apple will own all of the trademarks related to “Apple” and license some of those back to Apple Corps Ltd., the Beatles’ record label. The trademark lawsuit between the companies will be withdrawn. Terms of the settlement are confidential.

“We love the Beatles, and it has been painful being at odds with them over these trademarks,” said Apple Chief Executive Steve Jobs in a prepared statement. “It feels great to resolve this in a positive manner, and in a way that should remove the potential of further disagreements in the future.”

Jobs added, “This has nothing to do whatsoever with the fact that we desperately want to put Rubber Soul on the iTunes store before the introduction of the iPhone. Nothing! Now excuse me while I give Yoko a hot-stone massage.”

Apple, Beatles Reach Deal Over Use of Trademark [WSJ] Earlier: More MacWorld: Will The iTunes Store And The Beatles Finally Come Together?