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Apple's (AAPL -2.3%) award in the Samsung (SSNLF.PK) patent infringement case has been...

Apple's (AAPL -2.3%) award in the Samsung (SSNLF.PK) patent infringement case has been reduced to $598.9M from $1.05B, reports the WSJ.
Comments (46)
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    Hmm cut it in half they say? Wonder what the reasoning in that was...

     

    sometimes being a fly doesn't sound like such a bad thing hear all sorts of stuff!
    1 Mar 2013, 03:44 PM Reply Like
  • Momintn
    , contributor
    Comments (3830) | Send Message
     
    Citing jury error, judge rules that damages awarded to Apple for some infringing Samsung products must be recalculated by way of a new trial focused on the issue.
    1 Mar 2013, 07:08 PM Reply Like
  • SivBum
    , contributor
    Comments (1579) | Send Message
     
    Apple has $113 billion in cash and counting. $1b or whatever are rounding errors. The main thrust is to forced Samsung off the markets or at the very least slow down its advances to gain market share.
    1 Mar 2013, 03:50 PM Reply Like
  • Artaqq
    , contributor
    Comments (107) | Send Message
     
    All for it!
    1 Mar 2013, 03:53 PM Reply Like
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    force Samsung off the markets?

     

    good luck with that
    1 Mar 2013, 03:56 PM Reply Like
  • Tvaddic
    , contributor
    Comments (233) | Send Message
     
    Samsung will get this money right back, and back from Apple. With this deal Samsung is basically giving Apple a gift card for Samsung parts.
    1 Mar 2013, 09:45 PM Reply Like
  • XRTrader
    , contributor
    Comments (609) | Send Message
     
    Exactly. AAPL cash and equivalents are now around 141 billion if you consider the cash generated since last earnings announcement. The market is giving it no credit for any of this cash - so this story is meaningless. It's not like this lawsuit is slowing down Samsung either. Only winner are the lawyers.
    2 Mar 2013, 12:43 AM Reply Like
  • what do I know
    , contributor
    Comments (1049) | Send Message
     
    To: Mr/Ms. SivBum: I do not see how you got the number $113 billion in Cash and equivalent. The objective is to show the world that Android might be "free" but including the cost of settling the "patent wars" would be costly and therefore, not ultimately free to all the smartphone manufacturer that uses Android.
    But, what am I talking about, come Monday AAPL has to face the "hedge funds" game plans.
    2 Mar 2013, 07:07 PM Reply Like
  • Artaqq
    , contributor
    Comments (107) | Send Message
     
    Oh, I know. It's a dream. I just purged myself of all of my Samsung products. My own personal decision. I'm not a 'boycott' advocate and don't encourage others to. I just like to support companies that do things the right way. Impossible, I know. But, I don't like the way Samsung stabbed Apple in the back by gaining supplier contracts then stealing technology. I know it happens all over and...it's China...what do you expect? I hate what all of the speculators have done and are doing to Apple because it's baseless and biased. They consistently show profits, are fat with cash and, if it were any other company, speculators would be fawning all over them. But, Jobs died, they dropped Google, ruffled a bunch of feathers so now, they're doomed! Whatever... Love it, hate it, it's my opinion and I'm owning it. Which is more than most lemmings are willing to do. There are plenty of Mac bashers out there. Don't bother replying to me with your 'higher intellect' and 'grounded reasoning'...I don't care. Just frustrating.
    4 Mar 2013, 10:16 AM Reply Like
  • chopchop0
    , contributor
    Comments (3138) | Send Message
     
    stealing technology like rounded corners and black bezels?
    4 Mar 2013, 10:42 AM Reply Like
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    Isn't samsung Korean?
    4 Mar 2013, 11:26 AM Reply Like
  • Artaqq
    , contributor
    Comments (107) | Send Message
     
    Yes. Yes. That's all they stole. Ya got me! So much smarter than me.
    Yes Samsung is a Korean company but, their production, like everyone else, is in China.
    4 Mar 2013, 01:08 PM Reply Like
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    so if you manufacture in china your ideas were all stolen from someone else? I guess that means we can just right off all new ideas as stolen then! So we can stop the lawsuits and get back to making stuff up based on other peoples ideas.
    4 Mar 2013, 01:10 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3079) | Send Message
     
    Samsung made processor chips for Apple on contract at a facility in Texas. The rest of the components in an iPhone came from various other locations, mostly in Asia, but not all in China.

     

    Even if you suppose that a complete ban of Samsung smartphones being sold in the United States was possible, it should be a worry that people want (think) that is what will improve Apple sales. Even if you think Samsung smartphones are copies, people are not buying them because they think it is an iPhone. When Samsung offers a larger screen, an easily replaced battery, and a microSD memory slot, and Apple does not with the iPhone, then Samsung is addressing a need (want) of some consumers. Would less choices really make the market better, or really boost Apple sales?
    4 Mar 2013, 02:21 PM Reply Like
  • tonycopp
    , contributor
    Comments (21) | Send Message
     
    The 598.9 million remaining will not buy enough magic dust for Apple to climb back up to Mt. Cool.
    1 Mar 2013, 03:55 PM Reply Like
  • pwr40
    , contributor
    Comments (12) | Send Message
     
    Interesting that Apple LOST more in a patent suit in Texas. This stock is killing me!
    1 Mar 2013, 03:57 PM Reply Like
  • what do I know
    , contributor
    Comments (1049) | Send Message
     
    To pwr40:
    Join the club!
    4 Mar 2013, 12:50 PM Reply Like
  • Momintn
    , contributor
    Comments (3830) | Send Message
     
    And of all things, the judge was Korean! You would think that in America, you could get an American judge.
    The judge said the court could not enhance the damages “given that Apple has not clearly shown how it has in fact been undercompensated for the losses it has suffered due to Samsung’s dilution of its trade dress.”
    http://bit.ly/12hezDe
    1 Mar 2013, 04:03 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3079) | Send Message
     
    Do you seriously think the legal system functions that way? You decry and suggest a bias by a Korean-American judge in a case where the verdict was found for Apple. Would you rather have a biased (Old World) American judge?
    1 Mar 2013, 04:11 PM Reply Like
  • oerstead
    , contributor
    Comments (21) | Send Message
     
    She is just as American as you are.
    1 Mar 2013, 05:10 PM Reply Like
  • chopchop0
    , contributor
    Comments (3138) | Send Message
     
    Lol are you an aapl fanboi?? People were complaining she was probably an iPhone user when the judgement first came out. Lol lol lol. This is reality smacking aapl in the face
    2 Mar 2013, 02:00 AM Reply Like
  • luckymazel
    , contributor
    Comments (3) | Send Message
     
    The judge could have tripled the award, but instead he decided to reduce it. The award was more then justified by a jury. So much for American justice. Samsung clearly got to this judge. What a damn shame on our justice system.
    1 Mar 2013, 04:10 PM Reply Like
  • Momintn
    , contributor
    Comments (3830) | Send Message
     
    She is Korean. Why is that?
    1 Mar 2013, 04:34 PM Reply Like
  • oerstead
    , contributor
    Comments (21) | Send Message
     
    Justified by a jury? Hardly. Read up on the trial. There was a lot of funny business - including that the foreman of the jury had been involved in patent suits himself and hid the fact during jury selection. He should have never been allowed as a jury member, and when this was discovered it should have been a mistrial.
    1 Mar 2013, 05:12 PM Reply Like
  • oerstead
    , contributor
    Comments (21) | Send Message
     
    She is American. Has a law degree from Harvard fer crying out loud.
    1 Mar 2013, 05:13 PM Reply Like
  • rocback
    , contributor
    Comments (975) | Send Message
     
    Samsung just hired the judge who ruled in its favlor in England that forced Apple top apologize. Watch J Koh woind up representing Samsung in a later period in her life.
    1 Mar 2013, 05:18 PM Reply Like
  • SoldHigh
    , contributor
    Comments (1001) | Send Message
     
    AAPL chart went from bad to worse - today's action shows a break to the downside on the chart.

     

    300s coming.... Reality.
    1 Mar 2013, 04:11 PM Reply Like
  • synstelien
    , contributor
    Comments (21) | Send Message
     
    Actually the award was not really reduced. Part of it was invalidated based on how it was determined. The infringement is still there, now there must be a new case to determine damages on the "reduced" amount. This award will return to haunt Samsung once again. Perhaps even be larger. ;-)

     

    http://dthin.gs/YHmJi2
    1 Mar 2013, 04:19 PM Reply Like
  • Momintn
    , contributor
    Comments (3830) | Send Message
     
    I believe it is a complete travesty of justice. And anyone that works for Apple should be furious.
    1 Mar 2013, 04:37 PM Reply Like
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    your comments are a complete travesty..
    1 Mar 2013, 04:44 PM Reply Like
  • Momintn
    , contributor
    Comments (3830) | Send Message
     
    Someone needs to question the jury on how they calculated the award. Then we need to hear from some other judges to find out about this "impermissible legal theory". Otherwise, we may simply believe that this Korean woman reduced the award for Samsung's patent infringements on 28 (by my count) of their products. Do you think 28 products may add up to $1.05B?
    1 Mar 2013, 04:46 PM Reply Like
  • JOHNTBAKERJR
    , contributor
    Comments (59) | Send Message
     
    This kind of behavior is not appreciated on SA. Please take your bigotry back to Rush and his radio show...we don't need it here. If you have any facts that support judicial bias, bring them forth, surely, but please don't downgrade this site by your little baseless tirades.
    1 Mar 2013, 07:10 PM Reply Like
  • Momintn
    , contributor
    Comments (3830) | Send Message
     
    I believe today is a good day to short EWY.
    1 Mar 2013, 04:47 PM Reply Like
  • oerstead
    , contributor
    Comments (21) | Send Message
     
    This trial was ridiculous. It hinged on patents of silly user interface widgets, not real innovation. How is the shape of a phone or the size of an icon patentable?

     

    Patents need to be reserved for REAL innovation, not silly stuff like slide to lock.
    1 Mar 2013, 05:15 PM Reply Like
  • Mortonk
    , contributor
    Comments (159) | Send Message
     
    Are their marketing department on holiday at the moment, they should be hitting back with positive responses.....!
    1 Mar 2013, 05:17 PM Reply Like
  • Herr Hansa
    , contributor
    Comments (3079) | Send Message
     
    Apple ads did not score well during the Academy Awards, while Samsung trended quite favorably. Perhaps Apple need a new advertising firm to handle a new campaign.
    1 Mar 2013, 05:22 PM Reply Like
  • what do I know
    , contributor
    Comments (1049) | Send Message
     
    Can AAPL switch the Judge?
    1 Mar 2013, 05:22 PM Reply Like
  • mfsjss
    , contributor
    Comments (42) | Send Message
     
    Take a couple of billion out of Apple's coffers and buy Tesla, the car Steve Jobs would have built if he was still around.
    1 Mar 2013, 06:01 PM Reply Like
  • wigit5
    , contributor
    Comments (3968) | Send Message
     
    I've been wondering if TSLA won't get bought out by either one of the big name auto's or some tech company...
    1 Mar 2013, 06:35 PM Reply Like
  • marrick
    , contributor
    Comments (24) | Send Message
     
    If it was from anyone from the WSJ I'd probably believe it. I'm not so sure with them.
    2 Mar 2013, 03:21 AM Reply Like
  • hahaha48
    , contributor
    Comments (1034) | Send Message
     
    apple have lost almost all their lawsuit against samsung in all other countries except in the US
    in the UK they have to publish a public apology to samsung for even bring the suit
    that is how much apple have in their favour
    the US juries were biased copmpletely
    2 Mar 2013, 04:31 AM Reply Like
  • Momintn
    , contributor
    Comments (3830) | Send Message
     
    The UK judge now represents Samsung in another case. So much for justice in the UK...
    2 Mar 2013, 07:59 AM Reply Like
  • what do I know
    , contributor
    Comments (1049) | Send Message
     
    hahaha48: Samsung could not get its way in Japan.
    4 Mar 2013, 12:52 PM Reply Like
  • alik472
    , contributor
    Comments (10) | Send Message
     
    Apple is not in the business of making money from lawsuits. Period.
    2 Mar 2013, 05:37 PM Reply Like
  • J Mintzmyer
    , contributor
    Comments (3604) | Send Message
     
    Isn't this the lawsuit that claimed Samsung products were similar to Apple and tricking people into buying them?

     

    So $500 per item X how many sales X Apples's profit margin X % affected.

     

    I'd say 10-25% affected and how many sales did Samsung have of the infringing product? 5M maybe?

     

    So award of $112.5M to $281M based on my napkin calculation.

     

    If you assume 50% of the sales were by "tricks" (i.e. appearance not functionality or price) and 10M sales and 45% margin you still only get $1.125B.

     

    Clearly the original award was far exaggerated-- this is from a recent Apple long.
    2 Mar 2013, 07:38 PM Reply Like
  • krisandi
    , contributor
    Comments (14) | Send Message
     
    Boy and Girls, lets face it... Apple is going going gone. they bankrupt before and they will bankrupt again and only time will decide their fate.
    3 Mar 2013, 11:46 AM Reply Like
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