Apple's Legal Fees Rumored to Top $100M on HTC Patent Dispute Alone
in biography, steve jobs infuriated android's similarities iphone swore spend money apple had in bank defeat platform. newsweek columnist dan lyons passes along rumor apple has spent $100 million in legal fees on first set of claims against htc.
but, lyons notes, htc, samsung , motorola countersuing apple own patent claims , apple lost major lawsuit nokia , had pay finnish company not insignificant royalties own patent infringement.
apple has hired of best -- , expensive -- patent litigators in world and, after several years of legal wrangling (and many more come), doesn't have show it.
lyons points out whether $100 million figure accurate doesn't matter. apple , other cell makers jockeying position , trying gain leverage inevitable legal settlement. "in sense, whatever apple spending on legal fees money spent," notes lyons.
tomorrow, apple announce recent quarter's additions cash pile, totaled more $80 billion 3 months ago. apple can afford many more years of massive legal bills.
lyon's full of apple lost significant case nokia. settled , cross-licensed each other. if nokia felt case worth significant damage have not offered terms of agreement settle, never mind accept them.
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