In the wake of the recent verdict in the U.S. Apple vs Samsung trial, we’ve seen lots of commentary and analysis on Samsung’s major defeat against its most important rival in the mobile space, which also happens to be an important business partner.
Therefore, it’s time for some more humor on the matter – don’t get us wrong, Samsung still faces hard times ahead, as such a disastrous defeat can’t be completely overturned in courts, and the war between the two sides is far from over – as we all need a break from such serious things from time to time.
Paperblog reports that Samsung is ready to pay Apple in full the over $1 [...]
The recently obtained $1 billion win for the iPhone maker in the U.S. Apple vs Samsung trial has all sorts of ripple effects that capture the attention of the media. While Samsung is determined to continue to fight Apple in court despite this “worst scenario” for the South Korean Android device maker, there are side effects that are already felt.
A few days ago we reported that after the verdict was made public, Samsung’s market cap dropped $12 billion. Now we hear that the second-hand smartphone market also has to suffer following the Apple win.
MarketWatch reports that Gazelle.com registered a 50% increase in Samsung smartphones [...]
Samsung has been dealt a major defeat in the U.S., where the jury in the Apple vs Samsung case found the South Korean company to infringe on several software and design patents and awarded Apple just a little over $1 billion in damages.
According to a report from The Korea Times, the verdict was unexpected by Samsung officials, who saw it as “absolutely the worst scenario” for the company:
Samsung executives were still reeling in shock Sunday, but provided no clear hint on the company’s next move in the showdown with its industry archrival. It’s widely expected that Samsung will appeal, but the outlook for success in the [...]
Late on Friday the jury in the U.S. Apple vs Samsung trial revealed its findings in the case, and awarded a huge win to Apple, with the iPhone maker winning on almost on counts. Consequently, the jury said Samsung owes Apple just over $1 billion in damages.
We’ve already seen reactions from both Apple and Samsung, but also from Google, and we’ve seen the immediate effects the verdict had on both companies’ traded stock. We’re probably going to see both companies file various motions and try to overturn certain areas of the verdict in the day to come – yes, even Apple will file such motions as the jury found that the Galaxy Tab tablets don’t [...]
The markets have reacted swiftly to the landmark judgement granted to Apple against Samsung. In heavy trading (around four times the daily average) Samsung’s shares plummeted by 7.5 percent taking more than $12 billion off the electronic giant’s market value. The market is clearly worried that the $1.05 billion in damages ordered by the Californian jury and the prospect of a complete ban of Samsung’s key mobile products will do irreparable damage to the company.
“There are still too many variables including the final ruling to come at least a month from the recent verdict, and whether there will be a sales ban on [...]