iPhone News Desk
Samsung Puts Number on Damages It Wants from Apple
Apple could owe Samsung as much as $421.8 million in royalties
By: Maureen O'Gara
Aug. 17, 2012 10:15 AM
With the sand draining out of the judge’s hourglass – Apple and Samsung are limited to 25 hours apiece in their patent infringement case in California – Samsung put two expert witnesses on the stand Thursday who testified that Apple could owe Samsung as much as $421.8 million in royalties if it’s found to infringe Samsung’s patents.
One put the number covering three feature patents, which Apple denies infringing, at $22.8 million.
The other said Apple would owe between $290 million and $399 million for two FRAND-related patents based on a royalty rate of 2%-2.75%.
Apple’s lawyer made the point that Samsung has not asked another company for that rate, which Apple maintains is “unfair, unreasonable, and discriminatory.”
Apple wants $2.5 billion-$2.88 billion in damages from Samsung. Samsung figures it’s more like $2.5 million-$2.7 million.
Its former PriceWaterhouse damages expert testified that Apple’s calculation of what Samsung earned on its allegedly infringing devices is utterly over the top.
Apple puts the number at $2.24 billion. Samsung’s witness puts it at $518.7 million.
He said Apple didn’t figure in overhead like sales and marketing costs, R&D and GA. He also said Apple miscalculated its own lost profits because it couldn’t keep up with demand. So the number is negligible.
Apple’s expert witness spent 7,000 hours and $1.75 million crunching Samsung’s numbers. Samsung turned over nine different versions of its financials during discovery.
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