$400 million in legal fees later, Apple and Samsung reportedly discussing patent settlement

$400 million in legal fees later, Apple and Samsung reportedly discussing patent settlement
Bloomberg reports that representatives from Apple and Samsung have met to discuss possible cross-licensing of patents and settlement of the legal war that has been waging between the two for a while now. Similar discussions were carried out in 2010, but, with Steve Jobs at the helm, Samsung decided to walk away and take its chances in court.

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.

source: Bloomberg



20. drhjmaue

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.

19. jroc74

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.

18. matthew04101

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!

17. Stuntman

Posts: 843; Member since: Aug 01, 2011

Lawyers must be very upset at this news. There goes their cash cow.

16. roscuthiii

Posts: 2383; Member since: Jul 18, 2010

And just like the engorged leech, the lawyers slowly settle back down... until some other unsuspecting prey braves crossing the waters of litigation.

15. jove39

Posts: 2152; Member since: Oct 18, 2011

If only half of Samsung's money was spent for right...we had complete chance of having Exynos 5xxx in SGS3!

13. speckledapple

Posts: 902; Member since: Sep 29, 2011

And after this large waste of money, a settlement can be reached again. They really could have kep this out of the courts if they did this before.

11. Hemlocke unregistered

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.

14. theBankRobber

Posts: 682; Member since: Sep 22, 2011

Why settle if you strongly believe you didn't do anything wrong. You think Apple would have settled with some of the patent lawsuits they recent lost against Motorola?

10. ivanko34

Posts: 617; Member since: Sep 04, 2011

Yes please! more than one day for the battery

9. jaytai0106

Posts: 1888; Member since: Mar 30, 2011

400Million? How about using that to invent a phone that can actually fly haha

7. ibap

Posts: 873; Member since: Sep 09, 2009


6. arcq12

Posts: 733; Member since: Oct 13, 2011

yeah! i hope they stop all of this bullsh*t already and give us better products..

5. baaam

Posts: 61; Member since: Jan 06, 2012

This will be a good move for both sides. Hopefully this patent war ends. +1 for innovation!

3. RazaAsad

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.

4. remixfa

Posts: 14605; Member since: Dec 19, 2008

I agree, the last line was a great zinger. 400 million. Is that combined from both of them or just what apple is throwing away?? good frikkin lord

2. strikercho

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.

8. taz89

Posts: 2014; Member since: May 03, 2011

lol ride on apples **** much

12. paulislegend

Posts: 42; Member since: Mar 15, 2012

Make sure you add Apple to the top of that list of theifs..."Good artists copy, great artists steal"..."I (Steve Jobs) have always been shameless about stealing great ideas." What a f**king phony.

1. som

Posts: 768; Member since: Nov 10, 2009

What was a waste of money for nothing on both side.

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