Apple Seeking $2.75 Billion Damages From Samsung

Forum Moderators: bakedjake

Message Too Old, No Replies

Apple Seeking $2.75 Billion Damages From Samsung

engine

5:30 pm on Aug 14, 2012 (gmt 0)

Ouch, that's a whole lot of money. With that much at stake this will be a major fight to win or lose. Of course, it may not run to that much in the end.

Apple Seeking $2.75 Billion Damages From Samsung [reuters.com]

Apple Inc is claiming that more than a quarter of Samsung Electronics' $30.4 billion in U.S. smartphone and tablet sales result from copying of the iPhone and iPad or infringe on other patents, a damages expert for the U.S. company said on Monday.

The Silicon Valley company is demanding up to $2.75 billion of damages from its Korean rival, which includes profits lost to infringing Samsung gadgets. However, Samsung attorneys argued that Apple's evidence was not sufficient to recoup such an award.

g1smd

7:52 pm on Aug 14, 2012 (gmt 0)

There's nearly 7 billion people on the planet, enough people for dozens of companies to make more money than anyone will ever need.

Why does one company want to own it all?

feiling152

7:51 am on Sep 11, 2012 (gmt 0)

this is really great opportunity for Apple company.because they got $2.75 Damaris from samsung and now samsung out of US market.this is also great for apple.