Monday, July 11, 2011

Apple Fined USD 8 million for violation of patent in iPod

The company founded by Steve Jobs "Apple" had to pay fines for violating patents on technology one of its products "iPod". amount to be paid is USD 8 million, a large amount isn't it? but for Apple it is still small, from iPod sales last year they got a profit of USD 8.3 billion

Actually, the patent holder is the company Personal Audio requested compensation of $ 84 million, but Apple managed to push that amount through legal battles.
Apple feel that they was never used that technology patent rights but the court decided otherwise.