This one's official guys: Apple (as in Steve Jobs Apple) and Apple Corps (The Beatles' Apple) has finally settled on an agreement regarding the use of the name "Apple" and apple logos.

According to Apple Insider, the new agreement states that Jobs' Apple will own all Apple-related trademarks and will license some of those trademarks back to Apple Corps for continued use. This puts the trademark lawsuit between the two Apples to end but not without legal consequences of course.

Both parties will have to pay certain legal costs, but Apple will be able to continue using its name and logos on iTunes. Steve Jobs says,

We love the Beatles, and it has been painful being at odds with them over these trademarks. 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.

Further terms of settlement weren't disclosed, but if the two Apples will continue to see each other eye to eye, there's a huge probability that Beatles songs will show up on iTunes. Man, this Apple vs. Apple case has been going on for way too long now, we heard Adam & Eve's apple are throwing hissy fits because the companies' apples are more popular now. Kidding aside, it's nice to know that they've finally settled this long-running matter. So, all together now, "..all you need is love...pamparam papam..."