With a 20-page verdict form and 100 pages of instructions to explain it, many figured it would take longer for the jury to render a decision. But, the tech trial of the century has concluded, with Apple scoring a not-quite-flawless victory over its rival Samsung. While the company didn’t win on every count, its cadre of lawyers did convince the nine jurors to award Apple over $ 1 billion in damages for Samsung’s IP transgressions. Join us after the break and we’ll hit you with the legal math that gave Apple a ten-figure bump to its bottom line — and served as a shot across the bow of every other mobile phone manufacturer.
Continue reading Breaking down Apple’s $ 1 billion courtroom victory over Samsung
Filed under: Cellphones, Tablets, Mobile
Breaking down Apple’s $ 1 billion courtroom victory over Samsung originally appeared on Engadget on Sat, 25 Aug 2012 10:45:00 EDT. Please see our terms for use of feeds.
Permalink | Jury verdict (PDF) | Email this | Comments
The Justice Department meant business when it accused Apple and five other publishers of price-rigging e-books, and are officially taking Cupertino and two publishers to court. In a hearing on Friday, Judge Denise Cote set a bench trial for June 3, 2012, putting Apple, Macmillan and Penguin Group on the defense. The government’s allegations focus largely on agency pricing, which sees booksellers taking a 30 percent cut of each sale rather then buying the books at wholesale and setting their own prices. Apple and Macmillan have already denied the Justice Department’s claims, of course — but that wasn’t on the stand, was it?
E-book price fixing trial set for 2013: Apple, Macmillan and Penguin prepare for courtroom brawl originally appeared on Engadget on Fri, 22 Jun 2012 21:55:00 EDT. Please see our terms for use of feeds.
Permalink | Reuters | Email this | Comments