Apple vs. Samsung
Apple vs. Samsung
Apple vs. Samsung

Apple Inc claims it is entitled to $2.525 billion of damages in its high-stakes battle against Samsung Electronics Co over patents for technology used in smartphones and tablets, such as the iPhone and iPad. According to a partially redacted filing on Tuesday with a federal court in San Jose, California, Apple believes Samsung owes “substantial monetary damages” because the Korean company illegally “chose to compete by copying Apple.” Apple said this allowed Samsung to overtake it as the world’s largest maker of smartphones, and reap “billions of dollars in profits” while costing Apple $500 million of profit. Read the full story at Reuters.

About Shelly Palmer

Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with technology, media and marketing. Named LinkedIn’s “Top Voice in Technology,” he covers tech and business for Good Day New York, is a regular commentator on CNN and writes a popular daily business blog. He's a bestselling author, and the creator of the popular, free online course, Generative AI for Execs. Follow @shellypalmer or visit shellypalmer.com.

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