Monday, April 1, 2013

Blog #19: Apple v Samsung: Apple can seek more than $1B

http://www.fosspatents.com/2013/03/samsung-filing-confirms-apple-can-seek.html



After the $1B verdict favoring Apple in the recent Apple v. Samsung case, Samsung filed a plea which resulted in a verdict that many believed would reduce the payout to $600m. However, critics said that infringement could result in a final number higher or lower than the original $1B. This is because the $600m was not finalized and a new jury was called in for this plea hearing. With a new jury, the actual amount could be higher or lower, therefore a new judgement.

Last Friday, Samsung confirmed that Apple can seek even more damages on the products in the new trial. This has The $600M figure is what Apple has already earned. This means Apple is most likely to gain part of the remaining $450m or even more than that.

The author of this article believe that Apple has a good chance of winning a significant amount of additional loss claims from the new judgement. This is because, under the verdict, the timeline of applicable patents were shifted up to 2011. In terms of sales, Samsung gained most of its earnings from their android products after this date. Also, the $1B payout is actually only 40% of the total claims lossed, which is above $2B.

So what is next? Both have a strong defense (offense respective to Samsung). However, most media has believe the $450m has been removed, but it is only not granted for now. Apple still has much upside to gain even above the $1b. It will be exciting to see how the final results turn out. It will not be short in time however.


1 comment:

  1. The numbers you mentioned in your articles are ridiculously high, however, the litigation costs should be also considered when discussing the final outcome of the lawsuit. I believe that Apple calculated that it could bare additional litigation costs if its stake raises.

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