“Apple Inc. would owe as much as $421.8 million in royalties if found to infringe five Samsung Electronics Co. patents for mobile devices, two witnesses for the South Korean company testified,” Joel Rosenblatt reports for Bloomberg,
“One damages expert, Vincent O’Brien of OSKR LLC, told the jury today in the intellectual property trial between Apple and Samsung in federal court in San Jose, California, that he calculated royalties of $22.8 million based on claims that the iPhone maker infringed three of Samsung’s feature patents,” Rosenblatt reports. “A second expert, University of California, Berkeley business school professor David Teece, testified that damages for Apple’s infringement of two other Samsung patents should be in the range of $290 million to $399 million, based on royalty rates of 2 percent to 2.75 percent.”
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MacDailyNews Take: What are they smoking, crack? 😉
Judge Lucy Koh asks Apple’s attorneys if they’re ‘smoking crack’ – August 16, 2012