Saturday, April 6, 2013

Week 6, Post 2 — Samsung might need to pay more than $1.05 billion

In my previous post about Judge Koh's order striking of $450 million of Apple vs. Samsung's first court ruling of a $1.05 billion, I had mentioned that the new figure might be lower or higher than the previous ruling. It seems that this figure might be higher after all.

Samsung itself has confirmed this in a pleading that the new trial is an opportunity for Apple to win even more than before. One of the top misconceptions resulting from the vacating was that the verdict had been slashed down to $600 million dollars. However, this is false.

Apple had initially claimed over $2.5 billion in damages. Even though the jury supported Apple, its verdict only gave Apple 40% of what the court had allowed it to present as a damages claim. Now
Samsung has confirmed "Apple can seek even more damages on these products in the new trial."

However, it's still hard to predict what the new jury will do, but between the 40% and 100% there's room for a lot of improvements in Apple's favor.

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