“Samsung will ask the trial judge and an appeals court, if necessary, to reduce the damages awarded by the jury May 2 and yesterday to zero, John Quinn, a lawyer for the maker of Galaxy smartphones, said in a statement,” Rosenblatt reports. “Apple sought as much as $2.2 billion in damages in the companies’ second U.S. trial as the world’s top two smartphone makers seek to dominate a market that was valued at $338.2 billion last year, according to data compiled by Bloomberg.”
Rosenblatt reports, “Samsung had 31 percent of industry revenue, compared with 15 percent for Apple, whose share of the market has shrunk as the touch-screen interface has become more commonplace and Samsung, LG Electronics Inc. and Lenovo Group Ltd. have introduced lower-cost alternatives.”
MacDailyNews Take: Bzzzt! No, Samsung does not have “31 percent of industry revenue, compared with 15 percent for Apple.” Third parties [Strategy Analytics] claim that Samsung, which does not release unit sale figures, has 31% market (unit) share, not “revenue.” Apple dominates smartphone revenue and profit shares.
Rosenblatt continues, “‘Of course we’re pleased that the jury awarded Apple 6 percent of what they were asking for,’ Quinn said in the statement. ‘But even that can’t stand, because Apple kept out all the real world evidence and didn’t produce anything to substitute for it, so you have a verdict that’s unsupported by evidence -– and that’s just one of its problems.’ … Apple was awarded $930 million in the first trial. In that case, which involved earlier models of smartphones and tablets, Apple’s request for an order barring sales of infringing Samsung phones was rejected by Koh. Apple has said the ban was more important to it than monetary damages.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “M J Miller” for the heads up.]
Apple Data Tapping patent accounted for 85% of its damages award in Samsung patent infringement verdict – May 5, 2014
Jury leaves total damages Samsung must pay Apple unchanged at $119.6 million – May 5, 2014
Apple v. Samsung case shows why the patent system has to change – May 3, 2014
Apple latest patent infringement win against Samsung, could be worth more than $360 million when finalized – May 3, 2014
Apple v. Samsung II damages breakdown revealed in jury verdict form – May 3, 2014
After seeking $2 billion, jury awards Apple just $120 million over Samsung’s infringement of two patents – May 2, 2014
Slap on the wrist: Samsung’s damages for infringing Apple’s patents equivalent to 16 days’ profit – January 25, 2014