Samsung to pay Apple $548M in patent dispute

Re:Samsung to pay Apple $548M in patent dispute by pearjuice on Saturday December 05, 2015 @03:03AM (#10681252)

Does it hurt for Samsung at all to loose this money? Surely it it is 548M$ lost which could have been used otherwise, but in the big picture is it like a needle sting or a blast with a hammer?

Also, how is this kind of money generally paid? They just wire more than half a billion to Apple? Send it over in cash? In gold? Do they get an invoice?

[ Parent | on HN ]

Re:Samsung to pay Apple $548M in patent dispute by at-fates-hands on Saturday December 05, 2015 @10:46AM (#10682176)

Its a drop in the bucket really. Samsung's revenues run around 4 billion per quarter and you also have to keep in mind they're not like Apple where they're only in one industry - they have a ton of products across a spectrum of industries.

source: http://www.statista.com/statistics/298704/samsung-quarterly-...

Also, I just read the book "Haunted Empire" which detailed the Apple v. Samsung battle in pretty good detail, it's an excellent read: http://www.amazon.com/Haunted-Empire-Apple-After-Steve/dp/00...

[ Parent | on HN ]