Samsung Found Guilty of Patent Infringement, Apple Awarded More than $1 Billion in Damages
By on August 25th, 2012

After three days of careful discussion, the jury finally reached a unanimous verdict in the Apple vs. Samsung trial. The verdict largely went in favor of Apple, ruling that Samsung had indeed infringed on both Apple patents and trade dress for the iPhone. However, the jury was in favor of Samsung regarding its tablets. That to me was surprising because the Galaxy Tab 10 looks awfully similar to the iPad’s design. The jury concluded that Samsung owes Apple $1.05 billion in damages for infringing on Apple’s intellectual property. Samsung has also been awarded no damages. Ouch!

After the verdict was revealed, Apple’s stock price rose to an all-time high, more than $675 per share, in after hours. In fact, exactly one year ago today, Steve Jobs resigned as CEO. Today, Samsung owes over $1B to Apple. Well done, Tim Cook! Epic day for Apple indeed. Also, does the quote “I’m going to destroy Android, because it’s a stolen product. I’m willing to go thermonuclear war on this.” – Steve Jobs ring a bell?

The three week trial consisted of testimony and evidence from both sides. A 9-person jury was asked to fill out a 20-page jury form with more than 700 questions across 33 groups. They were required to make a unanimous decision on each question and reports suggested that a verdict wasn’t expected until at least next week. MacRumors has a fantastic overview of the patents that were under question during the trial.

People have shown concerns of this decision harming innovation, but I disagree. No, this verdict does not harm innovation. From now on, new types of innovation will occur, which is an excellent thing. It is much needed. Don’t feel sorry for Samsung. They stole years of hard work and there’s a price to be paid for that.

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Author: Parth Dhebar
Parth Dhebar is a 18 year-old entrepreneur. He is the founder of Simple Reviews, a blog focused on reviewing iPhone and iPad applications. Parth is a recognized name in the industry, known for covering Apple news. He is an editor at Techie-Buzz covering news on Apple. You can follow him on Twitter @pdparticle.

Parth Dhebar has written and can be contacted at parth@techie-buzz.com.

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