Apple vs Samsung: Court rules in favor of Apple, which is awarded $1.04 billiont in damages

Apple vs. Samsung

Companies from time and time again, love suing each other. The reason for that is, to increase profit margins. Therefore, in results of a 9-person jury in California,  Samsung received an utter defeat after being ordered to pay Apple  $1.04 billion dollars in damages. This is still a disappointment for Apple, as they were asking for almost twice as much (over 2.5 billion dollars to be exact). The exact number for Samsung’s lost is $1,049,343,540 dollars.

Source: Bloomberg

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