Apple trying to monopolize smart phone business?
Fox News:
The damages awarded in the case are ridiculous. The judge or the appellate court could very well reduce them. Apple is the most profitable company in the history of the world. It is really hard to say that they have been damaged by a competitors product. Apple will now have less incentive to innovate and its competitors will have to deal with the threat of a wealthy companies ability to engage in predatory litigation against them. The results will be bad for consumers. Apple's major concern going forward is that its huge size and domination of certain markets may attract the DOJ anti trust division.
Apple Inc. on Monday submitted a list of eight Samsung Electronics Co. products it wants pulled from shelves and banned from the U.S. market.I have said before I think the verdict is bad for consumers and the smart phone business. I also question the merit of the patents the jury relied upon for its verdict. Rubberbanding, has been around much longer than the iPhone. It is prevalent in many games and you can check out the Solitaire game that has been a part of the Window's package for decades to get an idea of how prevalent it is. As for the way it is used on the iPhone, I just do not find it particularly compelling.
Apple submitted the list after a jury found Samsung copied the iPhone and iPad in creating and marketing the products.
The products are: Galaxy S 4G, Galaxy S2 AT&T, Galaxy S2, Galaxy S2 T-Mobile, Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge and Galaxy Prevail.
A judge will decide the issue later.
Apple claimed in a sweeping lawsuit that Samsung's smartphones and computer tablets "slavishly copied" the iPhones and iPads. Samsung countered with its own claims that Apple used its wireless technology without proper compensation.
A nine-person jury in its verdict last week unanimously agreed with Apple and ordered Samsung to pay $1 billion. Most of the damages were tied to Samsung's smartphones. It rejected Samsung's counterclaims.
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The damages awarded in the case are ridiculous. The judge or the appellate court could very well reduce them. Apple is the most profitable company in the history of the world. It is really hard to say that they have been damaged by a competitors product. Apple will now have less incentive to innovate and its competitors will have to deal with the threat of a wealthy companies ability to engage in predatory litigation against them. The results will be bad for consumers. Apple's major concern going forward is that its huge size and domination of certain markets may attract the DOJ anti trust division.
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