160
Apple Ordered to Pay $5.7 Billion for Infringing Haptics Patent in iPhone, Apple Watch (www.cnet.com)
submitted 2 days ago by to c/technology@lemmy.world
20 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 9 points 2 days ago (3 children)

By the time Apple pays this, assuming they do. They will have made at least that much in extra profits from the original $5.7 billion by investing it.

  • permalink
  • fedilink
  • source
  • hideshow 3 child comments
    •
  • [–] 7 points 2 days ago (2 children)

    Sure, but they also have to pay interest on the balance starting at the moment the judgement was entered.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 1 point 2 days ago (1 child)

    Only having to pay the interest of 5.7 billion sounds like a better deal, no?

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 1 point 1 day ago

    On one hand, you could almost certainly earn a higher return than the court requires you to pay in interest... but, if you had 5.7 billion dollars to invest in that kind of play then a plaintiff would likely succeed in getting a court order to force you to pay.

  • permalink
  • fedilink
  • source
  • parent