Apple to receive almost $1B from Samsung

After the latest court ruling in the tech rivals' patent war, the iPhone maker has been awarded $929.8 million in damages.

By Benzinga Nov 22, 2013 2:50PM

Samsung Galaxy S4 and Apple iPhone 5 © Kim Hong-Ji/ReutersBy Jim Probasco

 

In a retrial related to damages originally awarded to Apple (AAPL) last year, a San Jose, Calif., jury Thursday ordered Samsung (SSNLF) to pay the company $290 million of the $379.8 million Apple had asked for, according to Reuters.

 

Samsung argued that the amount should be $52.7 million.

 

The original finding, last year, awarded Apple more than $1 billion in damages in a trial over whether Samsung had copied certain iPhone features like "pinch and zoom." U.S. District Judge Lucy Koh, saying the jury in that trial had miscalculated the amount of the award, ordered a retrial after upholding almost $640 million of the original verdict.

 

After Thursday's results, Apple has now been awarded $929.8 million in the nearly 2-year-old case. In a statement, Samsung said it would appeal this latest ruling.


Jurors in the most recent trial noted that Samsung's failure to call any senior executives helped sway their decision.

 

One juror, Barry Goldman-Hall said, "We felt like we had way more information from Apple and we were left wondering why we hadn't gotten other information from Samsung."

 

Not surprisingly, following the verdict, Samsung expressed disappointment while Apple said it was grateful to the jury for its finding. Apple representative Kristin Huguet told Reuters that from the company's perspective, the results were more about protecting innovation than about a monetary award.

 

The New York Times noted that as Apple and Samsung wage legal battles around the world, the scales in the U.S. seemed to be tipping in Apple's favor. Although both companies were able to convince the International Trade Commission to approve bans on each others' products, the White House did strike down a ban on Apple devices without taking similar action on behalf of Samsung.

 

As to the potential market impact of these patent wars, Manoj Menon, partner and managing director at Frost and Sullivan, told CNBC in August that since the battles, so far at least, have been over older products and patents, the effect has been minimal.

 

All that may change when the next trial in the ongoing saga of Apple versus Samsung takes place in March 2014. That one involves newer products, including Samsung's Galaxy S III, and a different set of patents than from previous litigation. Judge Koh is also expected to be in charge of the upcoming case.

 

At the time of this writing, Jim Probasco had no position in any mentioned securities.

 

Read more from Benzinga:

36Comments
Nov 22, 2013 3:17PM
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And stock holders won't see a penny...   Come on Apple, pass out some of that cash!!
Nov 22, 2013 7:55PM
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apple didn't invent the smartphone .it was blackberry , nokia and samsung apple just put a touchscreen on it that was used already in automatic tellers.Same as personal computers it was invented by nasa and used in Apollo missions
Nov 22, 2013 5:00PM
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The whole suit was stupid...patented rounded corners...pinch and zoom.....Fear of real competition ....And corporate greed at it's finest.

 

Wonder if I can patent breathing???

 

Oh..and by the way...The Samsung Galaxy phones and tablets are still much better than Apple's crappy, cluncky iPhone's and iPads.

 

 

Nov 22, 2013 5:09PM
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In July the USPTO invalidated and rejected Apple's patent for Pinch to Zoom. 

Also, the Dutch, Germans, and British have rejected Apple's suits against HTC, Samsung,  and Motorola over Pinch to Zoom.  The only country where the suits have been upheld has been the US.

If Apple's appeals relating to Pinch to Zoom are denied then this ruling will mean nothing.

Nov 22, 2013 4:28PM
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If there is no competition and Apple has the monopoly on the phones, then why are we in America? Other companies need to have the chance to have a competitive product as well. No one company should sue others to keep its monopoly. It is bad for the consumer.
Nov 22, 2013 6:20PM
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who says there is honor among thieves? they all steal from each other. only thing that differs is who has the better lawyers when they end up in court.

ps: sit down with an iPhone and the Samsung equivalent price-wise, I forget which one. (I have an iPhone 4s.) play with them, back and forth, for about an hours. do the same tasks with each, of course, on the same wireless network. I did this the other day.

verdict: I have 8 Apple devices. Will be 7 when I do my next smartphone  upgrade. If Samsung stole from Apple, they did one hell of a job! One might conclude that they stole stuff from Apple that APPLE doesn't even have!

Jan 8, 2014 12:11PM
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Al Gore invented the internet...remember!? He should sue them all :-)
Dec 12, 2013 7:37PM
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Apple's patents on touch screen gestures should be invalidated by the USPTO, Apple's own Steve Hotelling applied for a similar patent in 2006 (publication No. 20060197753) which has been rejected several times by the USPTO. Apple has not disclosed or referred to that publication during the prosecution of later patents, that's against the USPTO rules of disclosure of Prior Art.
Nov 23, 2013 12:07AM
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E-information`s transporting has been awarded a additional click. "Thank you, Pat.
Nov 22, 2013 8:21PM
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This kind of lawsuit crap from apple just re-assured me NEVER to buy an Apple product. I own Samsung smart phones, tablets and computers and had 1 iPad before and got rid of that POS. Yes I compared them both and came to the realization that Samsung makes much nicer products. It's ok Apple, enjoy your win for now. The way to destroy any company is to quit buying their products.I've seen the kind of people who work for Apple and they don't look like they have the skills to survive outside their pathetic work bubble.
Nov 22, 2013 7:12PM
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Not too worry, Samsung will win it back in the lawsuit they won in the EU. It's not like Apple hasn't stolen patents.
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Gotta love patent whores. Apple never should've been awarded these patents in the first place.
Nov 22, 2013 3:55PM
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This is a big win for Apple and a good start to correcting the massive patent infringement Samsung and several other companies have committed against Apple. If the courts put a stop to these infringements, Samsung will lose a large amount of their market share due to not being capable of offering a comparable product to Apple. That's great news for Apple stockholders. Still a long tough road ahead before the Shareholders will see that money though. 
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