November 20, 2024
Apple Wants $380 Million From Samsung in New Patent Trial, Samsung Thinks It Should Pay $52 Million

Apple Wants $380 Million From Samsung in New Patent Trial, Samsung Thinks It Should Pay $52 Million

Posted November 13, 2013 at 10:18pm by iClarified
Apple wants $380 million in a new trial being held to determine damages from Samsung's patent infringement but Samsung believes it should have to pay just $52 million, reports CNET.

Apple was originally awarded over $1 billion dollars in damages; however, a judge vacated about $450 million of that and ordered this new trial to recalculate the damages. Samsung still has to pay around $600 million from the original judgement.

Apple attorney Harold McElhinny and Samsung attorney Bill Price gave their opening statements in the United States District Court for the Northern District of California. A jury of eight people were selected to determine how much Samsung owes Apple for infringing on five patents.


McElhinny arrived at the $380 million amount based on lost profits of about $114 million, Samsung's profits of about $231 million, and reasonable royalties of approximately $35 million. Apple estimates it would have sold 360,000 devices if Samsung hadn't released infringing rivals. He noted that Samsung sold 10.7 million infringing devices, generating $3.5 billion in revenue.

Price argued that Apple shouldn't receive any money for lost profits and should only receive $52.7 million that accounts for Samsung's profits and royalties of $28,452 because the patents have limitations.

Judge Lucy Koh has asked both parties to again hold settlement talks. The trial is slated for March and the parties agreed to submit a proposal by January 8th.

Read More



Apple Wants $380 Million From Samsung in New Patent Trial, Samsung Thinks It Should Pay $52 Million
Add Comment
Would you like to be notified when someone replies or adds a new comment?
Yes (All Threads)
Yes (This Thread Only)
No
iClarified Icon
Notifications
Would you like to be notified when we post a new Apple news article or tutorial?
Yes
No
Comments (4)
You must login or register to add a comment...
Truffol
Truffol - November 14, 2013 at 7:36am
Even sitting on the sidelines, us consumers are sick of these lawsuits by now... The only winners in these situations are those lawyers. Their legal fees are way more than these damages. Apple doesn't care about damages; they just want to make Samsung pay!
gamerscul9870
gamerscul9870 - November 14, 2013 at 11:50am
Exaplain applecare then.
Suhail
Suhail - November 13, 2013 at 11:27pm
At this pace and pattern, I think soon apple will make more money suing Samsung than from selling device!
gamerscul9870
gamerscul9870 - November 13, 2013 at 10:58pm
Wow, I see why android outpacing ios doesn't mean samsung got better, the irony of an os on a crap phone! Your move Tony!
Recent. Read the latest Apple News.
RECENT
Tutorials. Help is here.
TUTORIALS
Where to Download visionOS
AppleTV Firmware Download Locations
Where to Download macOS Sequoia
Where To Download iPad Firmware Files From
Where To Download iPhone Firmware Files From
Deals. Save on Apple devices and accessories.
DEALS