Categories: Mobile

After a slight miscalculation Samsung doesn’t have to pay Apple $450,514,650

One billion dollars – that’s how much Samsung was ordered to pay Apple back in August after a Californian jury found Samsung had infringed some of Apple’s patents. Except, according to a court ruling today, the jury made a slight miscalculation. A miscalculation to the tune of $450 million ($450,514,650 to be exact).

The court found that members of the jury over calculated the damages that should have been awarded to Apple when it was assessing whether Samsung had copied key features from Apple’s iPhone and iPad devices for its own Galaxy range of smartphones and tablets.

While the court re-assessed the damages it didn’t overturn the jury’s findings that Samsung had infringed some of Apple’s patents.

Samsung says that it is “pleased with the court’s decision”, although it is still required to pay Apple a significant sum.  With the new ruling Samsung still has to pay Apple over $599 million, although this probably won’t be the final figure.

Since nearly half of the jury’s award to Apple was struck out, a new jury will be tasked with deciding what Samsung should actually pay.  With a new trial being tasked with deciding the final figure the two companies will be back in court, which means more money will be going to lawyers and potentially more money passing to Apple.  Should Samsung choose to appeal the court’s ruling we could see the tab increasing even further.

Or, perhaps not.

Samsung is still pursuing its own legal efforts to get the case thrown out of court.  The company is arguing that Apple should not have been granted many of the patents in question.

So with half the award thrown out by the court and Samsung arguing to have the entire case dismissed we’re now approaching the second anniversary of Apple v Samsung with little sign that the two can come to some agreement.

Ajit Jain

Ajit Jain is marketing and sales head at Octal Info Solution, a leading iPhone app development company and offering platform to hire Android app developers for your own app development project. He is available to connect on Google Plus, Twitter, Facebook, and LinkedIn.

View Comments

Recent Posts

Balancing innovation and ethics: Chile faces national debate as proposed bill to regulate AI use advances

“It’s not that a country like Chile aspires to have a seat at the table…

19 hours ago

WEF co-chair Hoffmann slated to make 1st appearance with new title at Sustainable Development Impact Meetings

The World Economic Forum (WEF) announces its first batch of speakers and sessions for the…

1 day ago

Planno: AI-powered prospecting platform helping solar enterprises identify opportunities faster and at scale

In today's market, massive solar enterprises are helping to accelerate the transition to renewable energy.…

2 days ago

Beyond Paperwork: How empathy is starting to matter in the financial industry

The so-called Great Wealth Transfer is no longer a distant prediction. It is estimated that…

4 days ago

WEF publishes blueprint to monetize everything in nature

The WEF claims that Larry Fink & Andre Hoffmann's work on the board 'do not…

5 days ago

Fabian Society outlines how govt can ‘upscale circular economy’

How long until the wolf sheds its sheepskin? Fabians are sleepwalking society towards the 'own…

1 week ago