The patent trial of the century is not going well for Samsung; the jury has ruled almost entirely in Apple’s favor, with damages so far totaling a hilarious $1.05 billion. That’s about a quarter of Samsung’s operating profit in Q4 of 2011 (but only a tenth of Apple’s cash on hand), and could have massive repercussions for both it and the industry going forward.
Oh and Samsung was awarded… no dollars. Not even a commemorative koozie.
Follow along with the rest of the trial here, we’re updating live!
https://gizmodo.com/samsung-vs-apple-verdict-apple-wins-huge-5937762
Update: After noticing a few inconsistencies in the verdict, the judge asked the jury to reconsider some of its findings, which resulted in a whopping 0.24% reduction in charges. So that’s $1,049,343,540 it owes Apple now. Phew!
https://gizmodo.com/one-tiny-victory-samsung-just-got-a-0-24-discount-on-5937797
