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11-13-2013, 09:00 PM #1
Apple Seeks $379 Million in Damages Retrial but Samsung Wants to Pay $52 Million
During the opening statements for the Apple vs. Samsung damages retrial, Apple asked for $379 million in damages while Samsung suggested it should only pay $52 million. According to Samsung attorney William Price, “Apple is simply asking for much more money than it’s entitled to.” Apple attorney Harold McElhinny claims that Apple’s figure is based on lost profits of $114 million, Samsung’s profits of $231 million and royalties of $35 million. He mentioned the following regarding the matter:
Apple estimates it would have sold 360,000 devices if Samsung hadn't released infringing rivals. He noted that Samsung sold 10.7 million infringing devices, generating $3.5 billion in revenue.
"In a fair fight, that money should have gone to Apple," McElhinny said.
The retrial, which is ongoing, may potentially see Apple call witnesses such as marketing chief Phil Schiller and former senior vice president of iOS software Scott Forstall, who was ousted from the company in late 2012. It appears that the retrial may ultimately benefit Samsung, as Apple’s $379 million request is significantly lower than the nullified $450 million award, though Samsung is responsible for the $600 million that wasn’t struck from the first jury decision.
We’ll have to wait and see how things turn out by being patient.
Last edited by Akshay Masand; 11-14-2013 at 11:30 AM.
11-14-2013, 02:02 AM #2
And the ultimate winners are ... the lawyers!
I bet the legal fees greatly outweighs these damages. Apple doesn't care IMO...they just want Samsung to pay.
11-14-2013, 05:19 AM #3
11-14-2013, 06:03 AM #4
Why even have this farce of a trial?
It is clear that this is simply a case of protectionism.
Apple managers will get everything they ask -- and if not, the US government/Obama will come to their rescue again.
And for those who still believe the myth of Apple as being innovative, google for this video "Has Apple Really Ever Invented Anything?"
11-14-2013, 06:16 AM #5
11-14-2013, 08:18 AM #6
Innovate - (of a product, idea, etc.) featuring new methods; advanced and original: innovative designs | innovative ways to help unemployed people.
• (of a person) introducing new ideas; or products.
Fish are friends, not food!
Neither is Slow Internet.
11-14-2013, 08:44 AM #7
"In a fair fight, that money should have gone to Apple,"
BS !! In a fair fight, apple would complete in the marketplace instead of the courtroom. apple steals all the time when its convenient for them., they copy the competition with its convenient for them. they fix prices, they patent troll they even pay only 1.9% of their income in taxes while the average American who buys their products pays 33% !
Greed, plain and simple.
Last edited by jOnGarrett; 11-14-2013 at 08:50 AM.