posted in Technology
Apple hit with a $5.7 billion verdict for alleged patent infringement
www.engadget.com/2269826/apple-hit-with-a-57-billion-verdict-for-alleged-patent-infringement/
For them, that may be pocket change.
From their last quarterly earnings report:
The Company posted quarterly revenue of $109.4 billion, up 16 percent year over year. Company gross margin was 50.1 percent
So the fine is less than a week of revenue.
Replying to @eleijeep@piefed.social
Less than a week of revenue is not pocket change. If apple earned 2k a month, this fine would be 350