Apple Inc. (NASDAQ: AAPL) tried to increase the pressure on rival Samsung as a patent legal case draws to a close in court. The U.S. company said that a quarter of the $30.4 billion in sales of Samsung tablets and smartphones are based on Apple technology. According to the Guardian:
Accountant Terry Musika, citing Samsung records and testifying as an Apple expert witness, estimated that $8.16bn in revenue, or 22.7m of those total unit sales over that two-year period, came from products that infringed Apple patents, such as the first Galaxy S smartphone in July 2010.
Apple is only seeking $2.75 billion in damages. Based on the new testimony and evidence, that figure might go higher.
Douglas A. McIntyre
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
