Apple will be waiting for some time to get that $1 billion from Samsung

Apple will be waiting for some time to get that $1 billion from Samsung
How loaded is Apple? How about so loaded that it could fit ten of Scrooge Mc Duck's vaults into its own safe. Actually, Apple is so flush that it reached a agreement with Samsung on Monday regarding a schedule for enforcing the judgment and handling post-verdict motions. The idea is to take the burden off of the court while post-trial motions are being decided. Judge Koh must still sign off of the agreement which includes a schedule and page limits for motions to discuss attorney and court costs. These motions will be filled 14 days after Judge Koh signs off on the last post-motion verdict.

While Apple didn't object to Samsung asking for a stay of the judgment while post-verdict motions are being heard, the Cupertino based firm wanted Samsung to post a bond during the hearings, and disagreed with Sammy's request to waive a bond because of the size of the jury's award. The stipulaton agreed to on Monday prevents any attempt to collect on the judgment until 14 days after the court has resolved the last post-trial motion. With the hearing for post-trial motions set for December 6th, and figuring that Judge Lucy Koh will need some time to write out her decisions, it won't be until early 2013 at the earliest when Apple will get paid-assuming the verdict holds. But there is no doubt that Samsung will ask for another stay of the billion dollar judgment while it appeals the verdict to the Federal Circuit, even before the ink dries on Judge Koh's last post-verdict ruling. That could delay Apple's billion dollar pay day for months of not years. By then, the amount owed to Apple could be in excess of $3 billion. Because the jury ruled that Samsung willfully infringed on Apple's patents, the judge has the option to triple the damages. That would make winning an appeal even more important to Samsung.

Instead of involving the court and spending for more court costs and attorney fees, Apple and Samsung have options that they might have agreed to with Monday's agreement. Since Samsung sells parts to Apple, the latter could simply withhold payment to Samsung for some invoices until the verdict is paid. An agreement might have been reached to cover how Samsung will post bonds if necessary, in the ten countries where both sides are facing each other in litigation. Lastly, both Apple and Samsung might have agreed to the logistics of a billion dollar payout with Apple allowing Samsung to pay the entire judgment from its U.S. operations even if some of the damages belong to the company's Korean division.

source: FOSSPatents



1. 305Bucko

Posts: 506; Member since: Aug 07, 2011

I heard its trucks of rolled up pennys now

13. HäckeMáte

Posts: 168; Member since: Feb 28, 2012

Lets hope not. Each penny is worth 2.2 cents in copper. They would either recycle it and score an extra billion dollars, or the next iPhone would have a revolutionary new copper design

19. neutralguy

Posts: 1152; Member since: Apr 30, 2012

Recycling money? Lawsuit from the government. And that's inevitable.

25. Phullofphil

Posts: 1762; Member since: Feb 10, 2009

Since pennies are are mostly if not all non copper materials I doubt there worth that.

2. ajac09

Posts: 1482; Member since: Sep 30, 2009

samsung will just up the price of components it sells to apple no worries.

11. iWorld

Posts: 85; Member since: Jul 05, 2012

Samsung is not the only chip maker in the world. If not samsung then Apple has many alternatives no worries GO Apple......

16. letgomyeggroll

Posts: 139; Member since: Jun 13, 2012

There are only 2 major chips and lcd screen in the world, and Samsung is one of them. Especially the chips for the SSD in which most phone use. Apple does not exist without its supplier or with engineers from other computers. Apple fans, all the engineerings and ideas came from other companies before they even thought about it. Argue all you want and back apple up. Nothing in the Apple's devices are made by Apple.

17. Lucas777

Posts: 2137; Member since: Jan 06, 2011

nothing is "manufactured" by apple sure.. but they are designed by apple… (made is quite vague) basically samsung just does apples dirty work… :)

34. ajac09

Posts: 1482; Member since: Sep 30, 2009

apple will have to spend TONS in R&D to get IOS to work with other components wich would make this lawsuit almost not worth it

18. phitch

Posts: 214; Member since: Mar 06, 2012

Name another manufacturer that has the output to produce the CPUs for the iPhone though. Intel does and Samsung does. No other company does, but I wouldn't be surprised if Apple starts to use minefield chips in their phones soon.

27. Phullofphil

Posts: 1762; Member since: Feb 10, 2009

Well there is Texas instruments, and Qualcomm and if apple would have invested in them at the start they could handl the workload and they both make really good chips along with nvidea. All three probably could do it right now but would have to not make chips for other companies such as htc as much. Think about how many s4 chips that are being used around the world. There is a crapload

36. ph00ny

Posts: 2025; Member since: May 26, 2011

Most of those so called chips can fab the chips themselves and have to rely on a foundry like TSMC, Samsung, etc

24. redmd

Posts: 1925; Member since: Oct 26, 2011

Apple could use MediaTek for some uber cheap iPhones.

26. Phullofphil

Posts: 1762; Member since: Feb 10, 2009

I really hate that phone arena blocks comments if there is too many dislikes.mlet me mak up my own mind befor blocking them. Well unless there trolls but with those there is a different method of reporting to phone arena and getting it pulled

33. HäckeMáte

Posts: 168; Member since: Feb 28, 2012

They only block when a discussion becomes a fight. When comments are full of offensive back and forth hatred and there's use of certain words that are aimed at offending rather than sharing points of views. Words such as fandroid, iSheep, craple, fanboy etc. When used with offensive context get reported and are removed. I agree with PAs policy on this. I really dont like scrolling through pages of pointles fighting.

37. ph00ny

Posts: 2025; Member since: May 26, 2011

Not in the capacity and quality they need. Only a handful of fabs can handle apple's orders and requirements and TSMC just turned them down

3. Android2627

Posts: 28; Member since: Mar 03, 2012

What will u do of that money Apple? i mean u never supported Innovations or Anything...Disgusting.. "ROTTEN THIEF"

6. rasinhussy

Posts: 89; Member since: Dec 28, 2008

They will just add it to their $117B in cash reserves, then laugh evilly.

7. JessJess unregistered


9. HäckeMáte

Posts: 168; Member since: Feb 28, 2012

but before laughing evilly the will make this face:

21. anywherehome

Posts: 971; Member since: Dec 13, 2011

exactly....this is the proof of the Apples chairman: who buys an iProduct is as rotten as Apple is

29. Phullofphil

Posts: 1762; Member since: Feb 10, 2009

That is so not true they are extremely innovative, not only that but they bring some of the best style aspects to the industry. Just because they kinda suck with there pattent trolling methods does not mean there not innovative. Think about the iPad. The iPad 1 is the reason tablets are popular right now. Befor that tablets were nothing more than a niche market that made little impact. Now there competing with home computers and laptops with the amount in circulation. You can say the same with the iPhone and the iPod. Other companies had the chance to do what apple did before them but they all failed to bring them to that level. I remember how freaking amazing it was to get a music device that had 20gb of music storage on a little device. At the time there might have been 2 or 4 gb players in my collection and they had crappy interfaces. Just because there I ovation comes from making extremely great working and awesome looking devices that work well out of parts that were designed by other companies and not the individual parts by themselves makes them innovative in a different way. Kinda like a engineered building that puts other peoples tech to make it revolutionary. There problem is that they are just so freaking annoying how they do business and how they think of them selves as gods of the industry. They remind me of my older brother when we used to play video games. He amazed me on how awesome he was and how he always kicked my but. Than as I learned from watching him play I started to beat him a little than a lot than all the time. He acted like a big baby and at first he would punch me than came oh you were cheating. Than the famous oh my controller must be broken. Just like apple he could not handle the compition he felt as though I didn't deserve to be good unless it was on his terms and he got all the credit or I was a cheat. The crappy part is unlike in my house my parents told him he was being a baby apple gets backed by pappa court system for stuff that they should not be able to get away with. (I am talking about the pattent system giving them pattents for ideas like a rectangl. Or the color black

35. anywherehome

Posts: 971; Member since: Dec 13, 2011

1st iPad was bought of 90% with iPhones......So if Apple sells sh*ts it will become a bestseller too ;) Facts are facts.... The same with the firts iPhones' wave (just macs owners) And the greatest mistake began ;) Deal with it

4. The_Godfather

Posts: 196; Member since: Apr 26, 2012

I don't know why but wherever I see word Apple. I just f**kin hate it. I just want Sammy to make a come back in this case as they have appealed. Just imagine if Sammy wins this case against rotten CApple that will be the best time ever. You know what CApple's CEO is still in shock after the release of Note 2. He isn't eating and not talking to anyone :( Sammy why did you do that?? :( who told you to make these revolutionary products :( ??

8. JessJess unregistered

What's a CApple?

14. The_Godfather

Posts: 196; Member since: Apr 26, 2012

@Jess Jess:- Would let ya know give me sme time or ask PA.

12. rusticguy

Posts: 2828; Member since: Aug 11, 2012

Samsung's win against Apple in US is highly unlikely because this whole drama is stage managed.

20. Droid_X_Doug

Posts: 5993; Member since: Dec 22, 2010

It will be a while before Sammy has to pay the jury award (if ever). Regardless of what may be agreed to between Apple and Sammy in response to the motions before judge Koh, expect Sammy to ask for a stay of the jury award during the appeal process. Sammy has at least a 50-50 chance of winning the stay. If the jury decision is overturned on appeal... Apple can say buh-by to the $1 billion award.

30. Phullofphil

Posts: 1762; Member since: Feb 10, 2009

You know samsung is a big corporation and in my eyes there not for the people either and they suck just as bad as apple or any big corporation. Power and money is corrupt and they both suck. I thing Samsung sucks at making products out of good materials. I think there awesome at making components and hardware. There touchwiz is cool on paper but I think sucks. There phones are always made out of plastic. htc makes better looking products but I don't care for there hardware. Motorola makes has better hardware than both when it comes to any other part that is not the screen or processor. Except when the Moro droid came out that I think omap processor kicked ass at the time. But they all are crappy corporations too. Apple just seems the worst because for right now there on top of the world and have a big x on there back.

5. phitch

Posts: 214; Member since: Mar 06, 2012

I heard they were going to give Apple some Zimbabwean Dollars... 322,355,011,000.00 to be exact.

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