Apple Wins $1 Billion as Jury Finds Samsung Violated Patents

[WestVirginiaRebel]

CNBC:

A U.S. jury handed Apple a sweeping victory in its legal war with Samsung Electronics, ruling that the Korean company had copied critical features of the hugely popular iPhone and iPad and awarding the U.S. company $1.05 billion in damages.

As for the countersuit, the jury found Apple did not violate any of Samsung's wireless standards or feature patents.

Apple shares [AAPL 663.222 0.592 (+0.09%) ] hit an all-time high in after-hours trading. Click here for the latest after-hours quote.

 

The verdict could lead to an outright ban on sales of key Samsung products and will likely solidify Apple's dominance of the exploding mobile computing market.

A number of companies that sell smartphones based on Google's [GOOG 678.63 1.83 (+0.27%) ] Android operating system may now face further legal challenges from Apple, a company that is already among the largest and most profitable in business history.

The jury deliberated for less than three days before delivering the verdict on seven Apple patent claims and five Samsung patent claims — suggesting that the nine-person panel had little difficulty in concluding that Samsung had copied the iPhone and the iPad.

Billions of dollars in future sales hang in the balance.

Apple's charges that Samsung copied its designs and features are widely viewed as an attack on Google and its Android software, which drives Samsung's devices and has become the most-used mobile software.

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Fair justice, or unfair to the competition?

[clearvision]

Chump change for both.

[Casino67]

Appeals will delay any settlement for ages. Will probably agree to accept much lower offer. Apple made their point and has been said above, $$ not significant.