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Apple Seeking $2.75 Billion Damages From Samsung

     
5:30 pm on Aug 14, 2012 (gmt 0)

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Ouch, that's a whole lot of money. With that much at stake this will be a major fight to win or lose. Of course, it may not run to that much in the end.

Apple Seeking $2.75 Billion Damages From Samsung [reuters.com]
Apple Inc is claiming that more than a quarter of Samsung Electronics' $30.4 billion in U.S. smartphone and tablet sales result from copying of the iPhone and iPad or infringe on other patents, a damages expert for the U.S. company said on Monday.

The Silicon Valley company is demanding up to $2.75 billion of damages from its Korean rival, which includes profits lost to infringing Samsung gadgets. However, Samsung attorneys argued that Apple's evidence was not sufficient to recoup such an award.

7:52 pm on Aug 14, 2012 (gmt 0)

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There's nearly 7 billion people on the planet, enough people for dozens of companies to make more money than anyone will ever need.

Why does one company want to own it all?
7:51 am on Sept 11, 2012 (gmt 0)

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this is really great opportunity for Apple company.because they got $2.75 Damaris from samsung and now samsung out of US market.this is also great for apple.