Home Samsung's Apple damages equivalent to 16 days' profit
 

Keywords :   


Samsung's Apple damages equivalent to 16 days' profit

2014-01-27 13:12:01| InfoWorld: Top News

The $930 million in damages Samsung was ordered to pay Apple last year for infringing its smartphone patents is more than some device makers earn in a year, but for Samsung it's equal to just over 16 days' worth of profit. The Seoul-based company reported its financial results Friday and said quarterly operating profit from its IT and mobile communications division, which sells primarily phones and tablets, came to 5.47 trillion won ($5.1 billion).

Tags: days apple profit equivalent

Category:Information Technology

Latest from this category

All news

»
16.11 & A
16.11
16.11Adley Rutschman__
16.11 L NB42380
16.11
16.11S.H.Figuarts
16.11RUSSELUNO
16.11 5
More »