• Report: Apple Rumored to Seek $3 Billion for Damages from Samsung

    by
    Akshay Masand
    Published on 2012-09-20 09:07 AM
    10 Comments Comments


    Although a jury suggested that Samsung pay Apple just over $1 billion for patent infringement, the Cupertino California company plans to ask a judge for three times that amount according to a recent report. The Korea Times citing “multiple legal sources” reported that Apple’s legal representatives plan to ask U.S. Federal Judge Lucy Koh for $3 billion in damages from Samsung. For those of you who didn’t know, when the jury determined that Samsung had infringed on Apple’s patents in August, it recommended damages be paid to a total of $1.05 billion.

    A “reliable source” recently said Apple will be requesting that Samsung pay more than $3 billion. A hearing between the two tech giants is scheduled for September 21st which is when Apple will supposedly ask for the amount. The source said the following regarding the matter:

    The decision means Apple wants to quickly address the harm that Samsung's infringing products are said to be causing. As has been the case throughout this trial, Apple is pressing its full advantage over the jurors' decision.
    If Apple does choose to ask for the $3 billion in damages, it would be the largest payment ever sought out in a technology patent dispute. Samsung on the other hand is hoping to be able to convince the judge to toss out the jury’s ruling with the company even vowing to appeal in court.

    Source: The Korea Times
    This article was originally published in forum thread: Report: Apple Rumored to Seek $3 Billion for Damages from Samsung started by Akshay Masand View original post
    1. Categories:
    2. Apple
    Comments 10 Comments
    1. garfielgato2's Avatar
      garfielgato2 - 2012-09-20, 10:00 AM
      In yar face Samsung!
    1. swifty7's Avatar
      swifty7 - 2012-09-20, 03:56 PM
      oh! poor Apple.....are you sure 3 billion is enough?
    1. feidhlim1986's Avatar
      feidhlim1986 - 2012-09-20, 05:20 PM
      Why is Apple so vigorously pursuing Samsung in recent years? Simple, Apple are worried and scared of the increased competition. People have been ripping off Apple, and using lower case i to piggy back on Apples success for example, for years. They didn't do anything then because no one was a threat until now.
    1. Harambur's Avatar
      Harambur - 2012-09-20, 06:44 PM
      there are no winners here. Apple's image has been tarnished. A lot more people see them as a greedy company.
    1. tekwiz's Avatar
      tekwiz - 2012-09-20, 07:13 PM
      Quote Originally Posted by Harambur View Post
      there are no winners here. Apple's image has been tarnished. A lot more people see them as a greedy company.
      Riiiight, nobody saw them as that before when they are always higher priced. Laughable.

      Quote Originally Posted by feidhlim1986 View Post
      Why is Apple so vigorously pursuing Samsung in recent years? Simple, Apple are worried and scared of the increased competition. People have been ripping off Apple, and using lower case i to piggy back on Apples success for example, for years. They didn't do anything then because no one was a threat until now.

      Of course, they should have gone after them for patent infringement before they infringed. Another genius statement.
    1. cockyjeremy's Avatar
      cockyjeremy - 2012-09-20, 08:07 PM
      Good. Get every penny you can from these copying losers.
    1. feidhlim1986's Avatar
      feidhlim1986 - 2012-09-20, 10:09 PM
      Quote Originally Posted by tekwiz View Post
      Of course, they should have gone after them for patent infringement before they infringed. Another genius statement.
      Companies have been "infringing" on Apple patents for many years but only in the last few years they decide to do anything...

      I didn't say Apple should have gone after Samsung specifically years ago, but the other companies that have done the same as Samsung is allegedly doing recently.
      You must not have understood my genius statement.
    1. Breezer23's Avatar
      Breezer23 - 2012-09-20, 11:05 PM
      Right. $3 billion. Rubber banding overscroll, the most talked about of the patents, is worth that much. Yes.
    1. discostar's Avatar
      discostar - 2012-09-21, 04:39 AM
      They may have a claim here only because I have heard people express an interest in the cheaper Samsung devices because they are rip offs of Apple products. It's like the thinking is, if Samsung lost the case then these products must be comperable. (they're not btw) that's got to eat into Apple's (200% mark up) profits.
    1. hdoegbp's Avatar
      hdoegbp - 2012-09-25, 09:43 AM
      Quote Originally Posted by Harambur View Post
      there are no winners here. Apple's image has been tarnished. A lot more people see them as a greedy company.
      You're so right.Guess that's business world

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