Re:Damages like the $147M verdict against RIM could make sma...
by ajross on Sunday July 15, 2012 @11:10AM
(#4247074)
Of course the patent was silly. Almost all of them are. The news hers is that the jury came up with $8US as the reasonable per-handset license fee. As the blog post points out, extrapolating that to the number of known, licensable patents used by a modern handset leads to a total IP license cost of about a million dollars for a device with a cost of production of about $150. It's a clear existence proof that the patent regime is unsustainable.
It's also clearly a mistake by the jury (or the judge maybe, depending on details about jury instructions about which I'm ignorant), and I'm sure it will be reduced on appeal.
It's also clearly a mistake by the jury (or the judge maybe, depending on details about jury instructions about which I'm ignorant), and I'm sure it will be reduced on appeal.