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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Apple’s “iPad Mini” will hit the stages in October, after the new iPhone’s release

iPad Mini next to iPhone

Apple has always tried to become the first at everything. This time, it’s different as Apple has decided to copy the whole Amazon and Google’s 7inch tablet idea. With that in mind, the iPad mini will be released sometime in October after an iPhone debut (rumored at Sept.12).  Apple’s reason for separating the release dates are unknown. Probably their idea of how to increase profit margins for the new iPhone and iPad. What do you think?

Source: MacRumors

Apple and Samsung both guilty of patent infringement rules South Korean court

Apple and Samsung are both companies that love suing each other, hoping for a chance to increase their profit margins. This wasn’t the case today, as both Apple and Samsung were found guilty of patent infringement, claims the South Korean court. The verdict rules that Apple owes Samsung $35,000 and Samsung owes Apple $22,000. The funny things about the verdict is that both companies spend hundreds of thousands of dollars just on lawyers. So in the end they both lost, and entertained the blogsphere. However, on the other side of the world in California, Apple is suing Samsung for over $2.5 billion dollars. So at the end of the day, the ruling basically made a joke out of two giant egoistic companies.

Source: Bloomberg