For perspective, the watch division makes between $35 to $40 billion annually.
Holy cow…
Crazy, I dont think it is all because of the haptics though. This seems like a noteworthy amount for them
Would be nice if the article had a link to the patent. Seems like a little journalistic effort would be worth it.
It would be cheaper to just assasinate the lawyers and the other party.
By the time Apple pays this, assuming they do. They will have made at least that much in extra profits from the original $5.7 billion by investing it.
Sure, but they also have to pay interest on the balance starting at the moment the judgement was entered.
Only having to pay the interest of 5.7 billion sounds like a better deal, no?
On one hand, you could almost certainly earn a higher return than the court requires you to pay in interest… but, if you had 5.7 billion dollars to invest in that kind of play then a plaintiff would likely succeed in getting a court order to force you to pay.
Every single feature is being patented, it’s ridiculous.
Its always nice to find good news in my feed
How is this good news? Haptic feedback has existed since the 1970s. This patent should be invalid.deleted by creator
So I looked into this and you are right and I am wrong. Deleting my previous posts since there’s more to this case than just haptics.
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Even if it’s like catching Al capone on tax fraud, it’s still good to get the baddie.
Rewarding a patent troll is never a good thing. It just means no one will be able to use haptic feedback without paying a toll.Are they really a patent troll though? It’s apparently a headphone company.
They have one headphone license for one model from crossair, that is worth less money that what they spent on lawyers for this trial. They are a patent troll.
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Patents have become nothing more than a legal pretense for extortion. The system should absolutely be abolished as it currently stands.
