Apple won the patent infringement trial against Samsung and received a huge damages sum.
Apple’s victory in its patent trial against Samsung is already a few hours old but the shock of the damage tally is still hard to shake off. The final figure of $1,049,393,540.00 is a staggering rebuke of Samsung’s design and manufacturing process and may force the company toward more original ideas.
The completed jury verdict form, released late Friday night and attached below, reveals the Korean company maybe never really had a chance to win the case.
There’s always been a stigma around Apple products that they’re really just made for rich people. Almost all of Apple’s machine’s cost well over $1000, and the iPhone and iPad are two of the most expensive products in their categories.
Some people say only rich people can afford Apple products, and maybe they have a small point. A recent report shows that Apple is the company of choice for users whose net worth is more than $100,000, and it just become more popular the more money you earn.
This cash register could be used in the House of Bamboo
I used to work as a the sole waiter in a restaurant where the cash register consisted of a wooden cigar box and a solar-powered Casio calculator. I’m an honest chap, and the chef was also the owner, so it worked just fine. But times have changed, and now there exists a modern alternative to our old cedar box. It’s called the Cashbox and it is fashioned from beautiful bamboo varnished to look like a hideous high-school craft project.
Apple's taxes due and tax rate for 2011 don't match reported numbers
Earlier in this day, we reported on a New York Times piece in which the paper claimed that Apple was using a variety of measure to avoid paying U.S. income tax. It turns out that the Times based key pieces of its information on a study that had been discredited two weeks prior.
The data used by the Times included a report by the Greenlining Institute, which made errors in computing Apple’s supposed tax rate at 9.8% for the 2011. The data used by the report effectively compared Apple’s 2011 profit with taxes paid by the company for profits in 2010 and drew unfounded conclusions as a result.
Apple fails when it comes to defending its tax practices
Over the weekend, the New York Times ran another in its series of exposes about Apple. This one focused on Apple’s complex mix of offices and subsidiaries located throughout the world and the U.S. that allow the company to keep large portions of its more than $100 billion in low-tax states and countries.
The report comes after the paper’s expose on working conditions within Foxconn, the contractor that Apple uses to assemble most of its products and calls by politicians and members of the media for Apple to move more of its manufacturing and money to American soil.
Some folks just aren’t all that great with money. For some it’s because it’s just not something that’s fun to do. They have all the knowledge and understanding, but it just a boring bit of drudgery that they can’t be bothered to give it the care and attention it deserves. Perhaps if it was more fun to deal with, it’d make things a whole lot easier – and better.
A new Israeli start-up on the scene named ZooZ has founded a new SDK, which allows developers to implement an in-app payment system into their apps easier. To get the system implemented, all developers have to do is add three lines of code into either an Android or iOS app, which will then get things rolling. From there, customers who would like to purchase something from within the app can use Paypal or a credit card with ZooZ’s system. Check it out:
We’ve all seen news reports on the TV when stock markets take a nosedive. The footage is always the same: traders looking in despair at screens full of red rectangles, each one representing a falling stock.
Those magical digital rectangles are no longer for traders only. Now you can play with them yourself, in a $4.99 iOS app called StockTouch.
Square, the iOS credit-card company, wants to replace lame old cash registers with sleek iPads sporting its little square white credit card-reading dongle. The new Square Register app for iPad aims to do just that.