On the other hand, others are more optimistic about how the verdict will impact innovation in the market.

"Within a product cycle or two, consumers will begin to see exciting, new, and different-looking designs," Christopher V. Carani, a partner at intellectual property law firm McAndrews, Held & Malloy, told .

"If a permanent injunction is ordered, the Apple victory will create some delay to market for look-alike smartphones that need to be redesigned," Carani added. "But this should be viewed as a perfect opportunity to go back to the drawing board."

Analysts and experts are also concerned about the future of fellow phone companies Microsoft and RIM. The companies might benefit from handset makers who feel the need to avoid Android phones in the post-verdict world, Eric Zeman from argues.

"Android hardware makers looking to diversify their product portfolios might decide to develop some non-Android devices to protect themselves," Zeman reasons.