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Samsung Must Pay $539 million to Apple for Violating iPhone Patents

A jury has decided that Samsung must Pay $539 million to Apple for damages, The following days of deliberation and the ongoing year of legal battle between Samsung and Apple.




Apple was requesting to jury to pay $1 billion for damages, But the verdict is almost exactly the middle of the $1 billion damages that the Apple requested, But the Samsung's lawyers feel that the South Korean Tech Giant should Pay $28 million.

This patent case that began in 2011 has finally reached on a  conclusion, with Samsung ordered to pay $539 million to Apple over the infringements of the lattes's patents in devices that are now long gone. This case has dragged on for years as both sides argued about the finer points of how much was owned per device, finally it's over now.

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Samsung infringement of three key's iPhone design patents, There are the additional $5,320,055 million covers two more utility patents that the total sum $533,316,606 is also was infringing on by Samsung.

In a statement from Apple after the verdict that the Apple said 
"It is a fact that Samsung blatantly copied our design, We are grateful to jury for their service and pleased that they agree that Samsung should pay $539 million for copying our product."

But the Samsung , complaint that the verdict contradicted an earlier decision in which the extent of damages has been disputed, Samsung said " We will consider all options to obtain an outcome that does not hinder creativity. Today's decision files in the face of a unanimous Supreme Court ruling in the favor of Samsung on the scope of design patent damages." 

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Samsung VS. Apple's Battle History :

The Battle history of Samsung and Apple has began seven years before, Samsung and Apple both are worlds most profitable company, Samsung earn $6,500 per second the worlds most earning company than Google, Facebook, Amazon and Apple.,

                       Samsung                              $12,270   per Second
                       Amazon                                $4,250     per Second
                       Apple                                    $9,755     per Second

                      Facebook                             $568         per Second
                      Google                                 $3,415      per Second


Apple was awarded $1.5 billion in damages form Samsung in 2012, But the judge Luck Koh reduced the award $539 million from $1.5 billion when the judge find errors in calculations that used to get there, and then in 2013 Apple awarded by $290 million only because of  the appealed by the Samsung in the Supreme Court. the Supreme Court agreed with this appealed in December 2016 in this appeal Samsung argument that this was unfair to punish its entire profits based on one element of design.

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 I took 5 minutes to write this post, Samsung makes $2 billion in this 5 minutes,

Can You Imagine The Per Year Profit of These Companies ?  Calculate the Per Year Earning of Each Company and Tell me the Per Year Profit of These Companies in Comment Box.




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Location: India

2 comments:

  1. i just need $1 million to make a beautiful #GF she is my Neighbour.
    #Hahahahahha

    ReplyDelete
  2. Same Here Bro @Aman Singh Rajawat
    #Hahahaha

    ReplyDelete