Samsung Owes Apple A Comedically Huge $1.05 Billion in Damages

Samsung Owes Apple A Comedically Huge $1.05 Billion in Damages

The patent trial of the century is not going well for Samsung; the jury has ruled almost entirely in Apple’s favor, with damages so far totalling a hilarious $US1.05 billion. That’s about a quarter of Samsung’s operating profit in all of 2011 (but only a tenth of Apple’s cash on hand) and could have massive repercussions for both it and the industry going forward.

Here’s a breakdown of the damages, courtesy of The Verge:

$US57 million for the Samsung Prevail
$US44,792,974 for the Infused 4G
$US53,123,612 for the Mesmerize
$US3,350,256 for the Replenish
$US954,060 for the Transform

Oh and Samsung was awarded… no dollars. Not even a commemorative koozie.

If you’d like to read more details of the verdict, hit up this post.

[The Verge]

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