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Apple ordered to pay $533 million in iTunes patent lawsuit

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Apple ordered to pay $533 million in iTunes patent lawsuit

A Texas jury ordered Apple to pay $533 million for improperly using another company's patented technology in iTunes.

Opinion:

janiceandrus

Kristin Huguet at Apple forgot to say in her statement how many ties Apple has to Venture Capital Firms in Silicon Valley.

If she disclosed those numbers, it'd be apparent that Apple is large enough to prevent investment into competitors like SmartFlash and open markets.

It doesn't take a rocket scientist to see that Apple, whom is as large as General Motors, WalMart, McDonalds, Exxon (Combined) has the ability to influence investment dollars within the technology sector.

Apple loves to copy.  But if it can prevent investment or growth into other companies, it benefits Apple.

Reuters

 


Published by , 25.02.2015 at 22:17
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Tommy
Tommy 1 March 15 14:36 As wrong as this is, Feel Apple deserves a few dozen more of these. Apple is a patent troll itself and is getting sued by another patent troll. Text hided expand
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Robert
Robert 1 March 15 23:41 A Texas judge ruling in favor of a Texas patent troll... Not only do we need patent reform, we also need to start holding judges accountable for their decisions. Text hided expand
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