Judge Cuts $450 Million From The $1B Samsung Owes Apple
Mar 04, 2013 12:49
Here's a nice discount to that bill Samsung has to pay Apple. Judge Lucy Koh has cut $450,514,650 from Samsung's tab. Now, they just got to pony up $598,908,892. It's still a lot of money, but hot damn, that's a lot of savings too.
The reason for the discount is that Koh found that the jury had made an error on calculating the timeframe of when to award damages. According to FOSS Patents:
"The jury based its award on the notice date provided by Apple, which Judge Koh now believes was too early because only one of the patents, the rubber-banding patent, had actually been listed in a presentation Apple gave to Samsung in 2010."
This means that 14 Samsung products (Nexus S 4G, Galaxy SII and others) aren't a part of Samsung's current payment anymore. [FOSS Patents]