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>> APPLE INC. Latest News

MAR 01, 2013 - Time

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Half of $1 Billion Apple Awarded from Samsung Invalidated

SAN JOSE, Calif. (AP) — A federal judge on Friday erased nearly half of the $1 billion in damages that a jury decided that Samsung Electronics should pay Apple in a high-profile trial over the smartphone and tablet computer patents. U.S. District Court Judge Lucy Koh lowered the damages awarded to Apple Inc. by $450.5 million, saying jurors had not properly followed her instruction in calculating some of the damages. The ruling reduced Samsung Electronics’ bill to just under $599 million. Koh also ordered a new trial on Apple’s allegations that Samsung stole its ideas for ... Read More

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