Updated 24 May, 2013, 7:53 pm IST
Samsung didn't pay Apple $1.05 billion in 5 cent coins
| by Aaron Almeida |
Over the past couple of days, various rumours have indicated that Samsung paid Apple $1.5 billion in 5 cent coins. A California jury had awarded Apple the amount in damages, at the end of a long-standing patent infringement dispute with Samsung. The news of Samsung paying the damages in nickels spread widely via the website MobileEntertainment, though it had originated on a Mexico-based parody website El Deforma, and then made it to 9gag as a cartoon.
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Hilarious as it might have been, and though Samsung fans might have hoped it was true, it isn't. MobileEntertainment later updated its story revealing that it was a fake. Though the verdict has been reached, the fine that has been awarded to Apple is not yet payable. Besides that, Samsung will almost certainly appeal the verdict, which will delay the actual process of payment indefinitely. A report by the Guardian has listed several points that indicate that this information is nothing but a hoax. The Guardian reports, “Samsung's fine ($1.049bn) isn't yet payable; the judge hasn't ruled. All we have is the jury's verdict. The judge's decision, which could include a tripling of the fine, is due on 20 September (or possibly 6 December now; it's unclear). Until then, Samsung only has to pay its lawyers. That should be less than $1bn”.
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