In a trial that began on July 31, 2012, Apple claimed that some Samsung gadgets had copied design elements of the iPhone and iPad; Samsung countered that Apple had infringed on some of Samsung’s patents. Apple requested that Samsung pay damages of $2.5 billion, while Samsung asked for $422 million for Apple’s alleged violations.
Yesterday the verdict finally came in where the jury ruled that Samsung did violate some Apple patents and Apple was rewarded $1,051,855,000 for infringing on patents. Samsung is seeking to have this decision overturned.
I must say that it makes me sick to know that this greedy company that gets tax breaks for employing more people overseas than in the US in quasi slave labor shops gets even more money awarded. They paid 11% in taxes last year on a $35 billion income.
Apple is part of the 1% and the 1% must go. No more of this unequal wealth distribution at the back of the unfortunate and those who get paid below meager wages to slave away at their factories. Those are human beings too, not to mention that in this very country tax payers are basically carrying the economic burden so that companies like Apple pay extremely little in taxes while posting multi billion dollar profits. Middle class wage earners pay a whopping 35 percent of their incomes in taxes without any loopholes, while Apple is basically paying nothing. The 11% is the reported tax rate. The check they actually sent to the IRS is probably far less – if anything at all.
Steve Jobs man of the year my ass. Getting rich by exploitation is a time honored tradition he has in common with all slave traders and imperialists. Only that he did it in a high tech fashion as opposed to the crude ways of his predecessors. But in essence it is exactly the same thing.
I am all for free markets and competition and people being rich and rewarded for their hard work, but this is just going too far. Under the guise of capitalism and freedom, the United States has managed to become a haven for greed of the few at the expense of everyone else. I am sure people like their iPods and iPads but the price to be paid to own such items should not be forgotten.
I hope people realize that marx predicted all this.”