return2ozma@lemmy.world to Technology@lemmy.worldEnglish · 3 days agoApple hit with a $5.7 billion verdict for alleged patent infringementwww.engadget.comexternal-linkmessage-square40linkfedilinkarrow-up1432
arrow-up1432external-linkApple hit with a $5.7 billion verdict for alleged patent infringementwww.engadget.comreturn2ozma@lemmy.world to Technology@lemmy.worldEnglish · 3 days agomessage-square40linkfedilink
minus-squareErtain@feddit.onlinelinkfedilinkEnglisharrow-up44·3 days agoFor them, that may be pocket change.
minus-squareeleijeep@piefed.sociallinkfedilinkEnglisharrow-up52·3 days agoFrom their last quarterly earnings report: The Company posted quarterly revenue of $109.4 billion, up 16 percent year over year. Company gross margin was 50.1 percent So the fine is less than a week of revenue.
minus-squareGoodlucksil@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up12·3 days agoLess than a week of revenue is not pocket change. If apple earned 2k a month, this fine would be 350
For them, that may be pocket change.
From their last quarterly earnings report:
So the fine is less than a week of revenue.
Less than a week of revenue is not pocket change. If apple earned 2k a month, this fine would be 350