“Apple could get smacked with a $500 million bill from the states and class action lawyers in the ebook pricing suit, based on the amounts that the settling publishers have already paid out,” Laura Hazard Owen reports for GigaOM.

“Publishers have paid out over $166 million so far,” Owen reports. “Earlier this month, a lawyer from Hagens Berman — the class action firm in the case — told my colleague Jeff Roberts that Apple would likely face a liability payment of harm to consumers times three, minus the $166 million already paid out by publishers.”

Owen reports, “On Wednesday, Law360 reported the same thing, calculating that if Apple loses its appeal it would face about $490 million in damages. I annotated the chart above with those figures.”

Read more in the full article here.

MacDailyNews Take: If Apple has to cough up even one cent, it will be a travesty.

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