$400 million in legal fees later, Apple and Samsung reportedly discussing patent settlement
posted by Daniel P. / Mar 30, 2012, 5:15 AM
The desktop software industry reached a similar settlement in 1997, when Microsoft and Apple settled, and Tim Cook is emotionally more balanced than Steve Jobs as far as patent wars go, considering them a necessary evil, and not a tool for "thermonuclear" revenge on Android.
Apple suffered a setback in February, when Judge Koh refused to halt the sales of Samsung devices in the US, citing Apple's patent design sketches being too broad, and some of them even resembling the 1994 Knight Ridder electronic reader concept. Cupertino didn't budge and hired one more famous law firm from Los Angeles to double down on the patent war efforts.
It's estimated that the companies have doled out close to $400 million in legal fees in the last several years, so an eventual settlement will leave many lawyers without the boat of their dreams, but on the other hand all this money and wasted energy could be redirected into something more productive. Like getting more than a day of battery life from our smartphones, for example.
Posts: 156; Member since: Mar 20, 2012
Go Apple! Do not step back an inch! Everybody who uses other company's technology and makes a profit of it, without paying to the very same company, must pay eventually. Thiefs are thiefs, even if they are called, Shamsung, Hasus or whatever.
posted on Mar 30, 2012, 5:57 AM 1
Posts: 2014; Member since: May 03, 2011
lol ride on apples **** much
posted on Mar 30, 2012, 7:33 AM 7
Posts: 100; Member since: Nov 24, 2011
@ Daniel P: Well written especially "Like getting more than a day of battery life from our smartphones, for example" part. I wish this crappy war ends and the real healthy competition begin which would be good both for the companies ans consumers, a win-win.
posted on Mar 30, 2012, 6:01 AM 7
I will be glad to see them finally settle, although Sammy could have, and should have, been more reasonable in 2010, and this could have been avoided. It will be interesting, going forward, to see if there are any collaborations between the two.
posted on Mar 30, 2012, 8:14 AM 0
Posts: 12; Member since: Feb 08, 2012
$400 millions is nothing. it's about pride, it's about pride. i say let sue them, sue your enemies, sue your bosses, sue your neighbors, sue your girlfriends, sue your wife, your kids, sue them all!
posted on Apr 01, 2012, 2:47 AM 0
Posts: 6023; Member since: Dec 30, 2010
Hopefully this is the end of these lawsuits. As more innovation comes from both companies...just let the consumer decide, not the courts. Every iPhone has outsold the previous version, it set sales records on Verizon and Sprint. Apple....learn to share that mobile pie... All those saying the Galaxy S 1and 2 are copies of the iPhone.....please actually spend time with the phones. After the home screen and icons....they are totally different phones. Even the hardware buttons are different. Not that one button, I mean the volume rockers and power buttons. The iPhone even has a mute button...which IMO is a waste.
posted on Apr 01, 2012, 6:41 PM 0
Posts: 1; Member since: Apr 05, 2012
I think the responsible thing that both company's should do is retain the services of an independent legal auditing company. This type of company has the expertise to review all the legal fees and expense documentation in order to ascertain is they are in compliance with the company billing guidelines. All operational and financial aspects of both of these company's are subject to some type of oversight why not the legal department. I have never quite understood why most legal departments are exempt from virtually any type of oversight when it comes to accountability for outside legal expenses. My company has been retained by many CG's but mostly by CEO's , CFO's and COO's all corporate officers who are responsible to the shareholders of their respective companies should all collectively work together the assure that all their outside law firms are in full compliance with their billing guidelines. The bottom line it is simply the right thing to do and te sooner he better.
posted on Apr 05, 2012, 11:01 PM 0
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