Friday, May 2, 2014

Apple vs Samsung

Recently Apple and Samsung have been battling it out over the idea and rights to the idea that samsung stole the ideas from their product the I phone and used it to make their products in the galaxies series. Samsung has had problems with violating patents when they are creating their own products. They have admitted to violating other contracts and patents from other companies but refuse to say that they stole anything from Apple and even have countered Apple’s claims with claims of their own.
In the end, both sides got much less money than they asked for. In the month long trial, Apple accused Samsung of violating five patents covering mobile software features, asking for $2 billion in damages. Samsung accused Apple of violating two patents and sought $6 million. The jury decided Apple would owe $158,400 in damages to Samsung for infringing one of the two patents.
“We agree with the jury’s decision to reject Apple’s grossly exaggerated damages claim,” Samsung said on Monday in a statement. “Although we are disappointed by the finding of infringement, we are vindicated that for the second time in the U.S., Apple has been found to infringe Samsung’s patents. It is our long history of innovation and commitment to consumer choice that has driven us to become the leader in the mobile industry today.”
Apple declined to provide a statement on Monday aside from reiterating what it said last week. After hearing the initial verdict, the company said the ruling reinforced “what courts around the world have already found: that Samsung willfully stole our ideas and copied our products.”
I think that neither of these companies lawsuits’ were really  into the fact that the other stole “ideas”. I think it is more on the fact that they are each others competitors  and they went to prove who is the more influential and more powerful. It was just a big show of force between the two companies, it just ended up being a stalemate with each company getting a few million dollars from each other.
Several legal experts have said the outcome was a defensive victory for Samsung, since it was able to sway the jury to reduce the amount it would owe so substantially. For a company that generates mountains of cash so quickly, $119.6 million is not much. As for Apple, each Apple retail store brings in $13 million in revenue a quarter on average, according to estimates by Asymco, a research firm. There are about 420 retail stores worldwide.

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