Posted in: Apple, In this week's e-newsletter, Latest News & Views
Is there anything like “enough money”? Apparently, if you’re Apple, the concept just doesn’t have much meaning. After a weekend of shattering sales records with its newest smartphone, the computer firm saw its stock price crack the 700 per share stock price and word surfaced that it wants triple the amount in damages it was recently awarded in a patent fight with Samsung.
A jury of nine awarded Apple about $1 billion in a recent case, but the company’s not satisfied with the amount. Invoking a legal clause that allows for triple damages if the patent infringement was willful, Apple’s going for $3 million.
One of the nine jurors who ruled in favor of Apple, Manuel Ilagan, tells CNET he thought Samsung’s internal e-mails about incorporating some of Apple’s technology into its devices, and the evasive way Samsung executives answered questions, convinced him that Samsung was well aware it was swiping from Apple.
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