Jury Awards Apple $290 Million In Damages Straight Out Of Samsung’s Pocket

Posted: Nov 22 2013, 4:44am CST | by , in News | Apple


Jury Awards Apple $290 Million in Damages Straight out of Samsung’s Pocket

A jury recently found Samsung guilty of copyright infringement. So it awarded Apple Incorporated $290 million in damages straight out of Samsung’s pocket. Samsung is to appeal the decision.

While the amount of $290 million was slightly less than the $380 million expected by Apple, it would do for now. Besides, Apple made it quite clear that the whole issue was not about money but rather principles. It wanted to innovate and create new stuff and didn’t want others to behave in a copycat manner. And Apple execs were glad that Samsung was finally taught a lesson that there was a price to be paid for plagiarism. 

Apple said in a statement, "For Apple, this case has always been about more than patents and money. It has been about innovation and the hard work that goes into inventing products that people love. While it's impossible to put a price tag on those values, we are grateful to the jury for showing Samsung that copying has a cost."

The total sum awarded to Apple by now out of Samsung’s coffers amounts to a total of $930 million. Samsung’s contention was that it only owed Apple $52 million. But Apple had a higher number in mind. Samsung meanwhile is disappointed at the decision by the court which it deems unfair. It will appeal for a retrial in a higher court. 

"While we move forward with our post-trial motions and appeals, we will continue to innovate with groundbreaking technologies and great products that are loved by our many customers all around the world," Samsung said in a statement.

The jury that gave the verdict was busy for quite some time calculating the amount that one party owed the other. On the whole, it was a complex decision taken after hours of agonizing thought. The jurors were not necessarily technological experts in their own right. Yet they did the best they could to reach a fair and square decision. 

Apple had been engaged in a tussle with Samsung over several product features that the former claimed the latter had obtained by cheating from its methodology. After much chagrin in court, the final settlement was announced and it was in favor of Apple. 

Source: CNet

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.




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