- Apple (NASDAQ:AAPL) was awarded only $120M in damages from Samsung (OTC:SSNLF) late Friday by a federal jury, far short of the ~$2B it had sought and a major disappointment in its mobile smartphone patent litigation.
- Though the verdict would appear large by normal standards, it is widely seen as a victory for Samsung: "The amount is less than 10% of the amount Apple requested, and probably doesn’t surpass by too much the amount Apple spent litigating this case," says one legal analyst.
- The jury rejected Apple’s claim on the patent that enables updating of applications while other features of the phone are in use; Apple also lost its claim over a patent that allows a user to perform a universal search for information with a single click.