iPhone News Desk
Apple Jacks Up Its Damages Claim Against Samsung
Apple holds Samsung’s Epic 4G phone responsible for doing it $388 million worth of damage
By: Maureen O'Gara
Aug. 8, 2012 08:00 AM
Apple has increased the amount of money it thinks Samsung owes it in damages for allegedly ripping off its iPhone and iPad widgetry.
It’s gone from the $2.5 billion calculation of a week ago to $2.88 billion.
Some 28 Samsung devices are accused of infringement. Its original Galaxy S smartphone is the biggest offender. Only about $80 million derives from Samsung’s tablets.
Apple holds Samsung’s Epic 4G phone responsible for doing it $388 million worth of damage, the Fascinate $287 million and the Captivate $285 million. That’s almost a billion dollars right there.
Apple is angling for what would be the largest patent verdict ever.
The Invotex Group, a consultant that specializes in calculating royalty rates for litigation, ran up the tallies for four scenarios depending on which patents are involved and whether Apple’s lost profits are included. The sums range from $2.47 billion to $2.88 billion.
The numbers don’t consider willful infringement which could see the damages trebled.
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