“Apple is demanding Samsung pay it $2.5 billion for allegedly stealing the design technology of the iPad and iPhone to create illegal knockoffs,” Elias reports. “During closing arguments Tuesday, a lawyer for Apple said that Samsung was having a ‘crisis of design’ after the launch of the iPhone, and executives with the South Korean company were determined to illegally cash in on the success of the revolutionary device.”
Elias reports, “Apple Corp. argues that Samsung Electronics Co. should pay the Cupertino-based company $2.5 billion for ripping off its iPhone and iPad technology when it marketed competing devices. Samsung has sold 22.7 million smartphones and tablets using stolen — ‘infringed’ in legalese — Apple technology since June 2010 on sales of $8.16 billion, Apple’s lead attorney, Harold McElhinny told jurors Tuesday. ‘The damages in this case should be large because the infringement has been massive,’ he said.”
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Apple v. Samsung: Apple’s closing arguments summarized – August 22, 2012