posted in Technology
Apple Ordered to Pay $5.7 Billion for Infringing Haptics Patent in iPhone, Apple Watch
www.cnet.com/tech/mobile/apple-5-billion-dollars-haptics-patent-iphone-apple-watch/
Replying to @TryingToBeGood@reddthat.com
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.
Replying to @kbobabob@lemmy.dbzer0.com
Sure, but they also have to pay interest on the balance starting at the moment the judgement was entered.
Replying to @FauxLiving@lemmy.world
Only having to pay the interest of 5.7 billion sounds like a better deal, no?
Replying to @kbobabob@lemmy.dbzer0.com
On one hand, you could almost certainly earn a higher return than the court requires you to pay in interest… but, if you had 5.7 billion dollars to invest in that kind of play then a plaintiff would likely succeed in getting a court order to force you to pay.