Apple rejected Samsung talks

According to Fortune, the settlement talks  between Apple and Samsung were apparently bogus. According to The Korean Times, which published the  misleading article about settlement talks, Apple rejected a deal with Samsung. According to Florian Mueller of FossPatents:

For now, they are unable to agree on formal mediation proceedings; however, I am sure they are talking, just informally

At this point, I think its best to avoid speculating if there are talks or not. I still believe that litigation will fail all smartphone manufacturers in the long run. Litigation adds risk, uncertainty, cost, and so far hasn't been able to influence market share through an important injunction.

I think it's also worth mentioning that Samsung supplies the processor for the iPhone, and also supplied the flash memory and battery on the iPhone 4. A drawn-out lawsuit does harm to the relationship of the two companies, although arguably their handset and tablet competition will always strain the relationship.