Samsung Owes Apple a Comedically Huge $1.05 Billion in Damages [Apple Vs Samsung]

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. More »

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