I have a felling that this is going to prove a bad move by Apple, I think it's likely that Apple going on this spree of patent lawsuits is going to lead to some serious patent reform. It's obvious that patent law needs some serious modifications to cope with new technology, and I think Apple has no right to many of its patents. How can you patent gestures and such that are so 'common sense' in their nature? I understand patenting the code for many of those elements but they have attempted to patent the general idea in many cases. This is all besides the point, as I'm sure HTC will have a strong counter suit as they have been in the business much longer and chances are Apple has infringed on several of HTC's patents.
Apple is creating a sea of enemies in the business world and are hurting the consumer at the same time, I'm waiting to see how this hurts them as a company.