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  • ceredon

    Samsung loses. Ordered to pay Apple $1 billion. 

    by
    ceredon
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    Published on 08-24-2012 06:09 PM
    1. Categories:
    2. News

    The verdict is in. A jury has found Samsung guilty for infringing on Apple's patents. They've been ordered to pay $1,051,855,000 (at $600 a shot that's around 1,753,090 Galaxy S III's) in damages to Apple.

    FYI Samsung's 2011 net income was ~$12 billion USD. ...
    Read More Read More 4 Comments
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