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10th April 2014, 07:47 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,578
| Apple wants silly money from Samsung Jobs' Mob's reality distortion field has been a major reason why it could not reach an agreement with Samsung. Apple is in court now demanding the court aid it getting money for five patents connected to smartphones out of Samsung. Samsung has apparently attempted to negotiate, but Apple said no. The reason is that Jobs' Mob has a completely inflated view of what these five patents are worth. The court was told that it wants $2.2 billion in damages. Samsung thinks that $6 million is a fair enough price for the patents. Apple claims it needs all that cash to compensate for the fact Samsung's alleged theft of its ideas happened during a time where the smartphone market experienced extremely rapid expansion. Christopher Vellturo, who is an economist and Apple's damages expert, told a US District Court that patent infringement would encompass over 37 million smartphones and tablets that were sold by Samsung in the US from August 2011 to the end of last year, where the total revenue generated by those devices remains undisclosed because it is deemed as "confidential". http://news.techeye.net/mobile/apple...y-from-samsung |
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