Samsung's top lawyer says Apple won't see a dime from the latest verdict
Quinn believes that Apple might not even see 1 red cent of the award. Samsung plans on appealing the verdict. As for the $930 million that Apple won in the first trial, Quinn sees that figure reduced drastically on appeal, if not completely overturned. And that leads the attorney to make his grand statement that Apple has spent hundreds of millions of dollars on these trials with nothing to show for it.
According to the attorney, the patent war is fizzling out. Still, Quinn doesn't have a precise time period when the battles will end. Unlike the settlement between Nokia and HTC, which the latter was forced into because a German court had won four injunctions against the manufacturer, Apple and Samsung do not seem close to any type of settlement, Quinn notes. As the recent trial was coming to a conclusion, Judge Lucy Koh asked both sides to explore mediation again.
The attorney is obviously "talking his position," as he does have a bias here. But in his heart, he thinks that eventually "...even [CEO] Tim Cook, has got to realize this is a fruitless endeavor. I think everyone's tired of it. ... Reason must prevail at some point."
1. Qbancelli (Posts: 65; Member since: 11 Mar 2010)
I still can't see where this guy stated that Apple won't see any money from the lawsuits.
11. grahaman27 (Posts: 348; Member since: 05 Apr 2013)
"Quinn sees that figure reduced drastically on appeal, if not completely overturned"
2. AstronautJones (Posts: 272; Member since: 01 Aug 2012)
First sentence of the second paragraph
3. PBXtech (Posts: 980; Member since: 21 Oct 2013)
Two great quotes, sums up the futility of litigation and irritation from consumers this trial has caused.
Compete with your products, we'll determine the winner with our purchases as consumers.
4. mayur007 (Posts: 460; Member since: 10 Apr 2012)
yes ,,, cut the apple and eat it samsung ..
or else it will get rotten ....
5. jellmoo (Posts: 700; Member since: 31 Oct 2011)
I agree that lawsuits aren't the way to go, and that if they could collaborate then consumers would be all the happier. (Apple and Google did great things together once upon a time).
I disagree with his statement that Apple has nothing to show for it. They've won over $1 Billion thus far. Maybe they can turn it over on appeal, but until then, it's still a rather big win for Apple.
6. AntiFanBoyz (Posts: 107; Member since: 30 Nov 2013)
Well, to keep it in perspective, in 2013 I think Apple made $1 billion profit every 10 days.
8. Ashoaib (Posts: 2378; Member since: 15 Nov 2013)
That was an ijury which awarded $1 billion..
9. elitewolverine (Posts: 1931; Member since: 28 Oct 2013)
At this point it is mute, they guilty. No sane judge will overturn a guilty verdit on such a basis. It will set a president that no patent is safe and that people will have free rein. VERY BAD for SMALL companies.
10. tedkord (Posts: 5114; Member since: 17 Jun 2009)
The judge very well might overturn as more and more Apple patents get invalidated for prior art or obviousness or being wildly over broad. And that keeps happening, especially overseas. It's just a shame that the patent bureaus don't do their jobs in the first place, then we wouldn't need all this drama.
Regardless, he's most likely right, both awards will probably be drastically reduced on appeal if not vacated.
17. joey_sfb (Posts: 3115; Member since: 29 Mar 2012)
Only big companies like Samsung could afford to fight such big lawsuit. Smaller ones and start up will go bust within the first two years.
This form of patent system must be reform to protect innovation from startup and small companies. Today start up could have better product and services for the consumer to become tomorrow Apple and Samsung.
Yes!! Do compete fairly with better product and services!.
13. VZWuser76 (Posts: 1774; Member since: 04 Mar 2010)
The only problem I see with your statement is about small businesses. How are they even able to crack into the market when all the big fish have all the patents necessary to do business? They may have come up with one little piece that's innovative, but if they need the rest to grow their business they're dead in the water. The best case they could hope for would be to be bought up like many of Tue bigger companies are doing to the smaller ones. This verdict wouldn't help or hurt them in that regard.
14. tedkord (Posts: 5114; Member since: 17 Jun 2009)
Especially with first to file, which gives big companies the ability to fast track something someone else worked on and steal it out from under them.
20. roscuthiii (Posts: 1863; Member since: 18 Jul 2010)
I know nobody likes a grammar fascist on the net, but seriously:
(also verdict*, but we can chalk that up as a typo.)
It helps one to mean what they say when they say what they mean, as the saying goes.
12. bestmvno (Posts: 170; Member since: 07 Mar 2014)
It's not over until the Rockstar trials happen.
15. frustyak (Posts: 166; Member since: 08 Mar 2010)
What Samsung should do is load two or three large dumptrucks with 11.96 billion pennies, drive them up to the lobby in Cupertino, and then dump 'em out. Let Apple sort it out from there.
And then they can say they didn't give Apple a dime. Just pennies.
18. Arte-8800 (banned) (Posts: 4562; Member since: 13 Mar 2014)
Even they have billions in offshore a counts that's still not enough
They want trillion