TryingToBeGood@reddthat.com to Technology@lemmy.worldEnglish · 3 days agoApple Ordered to Pay $5.7 Billion for Infringing Haptics Patent in iPhone, Apple Watchwww.cnet.comexternal-linkmessage-square19linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkApple Ordered to Pay $5.7 Billion for Infringing Haptics Patent in iPhone, Apple Watchwww.cnet.comTryingToBeGood@reddthat.com to Technology@lemmy.worldEnglish · 3 days agomessage-square19linkfedilink
minus-squarekbobabob@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·3 days agoBy the time Apple pays this, assuming they do. They will have made at least that much in extra profits from the original $5.7 billion by investing it.
minus-squareFauxLiving@lemmy.worldlinkfedilinkEnglisharrow-up0·3 days agoSure, but they also have to pay interest on the balance starting at the moment the judgement was entered.
minus-squarekbobabob@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up0·2 days agoOnly having to pay the interest of 5.7 billion sounds like a better deal, no?
By the time Apple pays this, assuming they do. They will have made at least that much in extra profits from the original $5.7 billion by investing it.
Sure, but they also have to pay interest on the balance starting at the moment the judgement was entered.
Only having to pay the interest of 5.7 billion sounds like a better deal, no?