TryingToBeGood@reddthat.com to Technology@lemmy.worldEnglish · 2 days agoApple Ordered to Pay $5.7 Billion for Infringing Haptics Patent in iPhone, Apple Watchwww.cnet.comexternal-linkmessage-square18linkfedilinkarrow-up1150arrow-down12
arrow-up1148arrow-down1external-linkApple Ordered to Pay $5.7 Billion for Infringing Haptics Patent in iPhone, Apple Watchwww.cnet.comTryingToBeGood@reddthat.com to Technology@lemmy.worldEnglish · 2 days agomessage-square18linkfedilink
minus-squarekbobabob@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up8arrow-down2·1 day 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-up4·1 day agoSure, but they also have to pay interest on the balance starting at the moment the judgement was entered.
minus-squarekbobabob@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·23 hours 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?