Monday, July 11, 2011
Apple Fined USD 8 million for violation of patent in iPod
12:43 PM
hot info
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.