Tuesday, 17 August 2010

Apple's Legal Fees Rumored to Top $100M on HTC Patent Dispute Alone


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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.

article link: apple's legal fees rumored top $100m on htc patent dispute alone
 

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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