Feeds

Apple ordered to open its books on iPhone, iPad profits

'Show us the money' says Judge Koh

3 Big data security analytics techniques

The judge in the ongoing Apple versus Samsung patent trial has ruled that Cupertino must disclose financial information on the profitability of its iPad and iPhone lines so that proper damages can be assessed.

Apple won the initial stage of its trial against Samsung over the Korean manufacturer's infringement of Cupertino's patents, and was awarded damages of $1.05bn, although Cook's crew had initially asked for $2.5bn based on claimed losses to the world's most valuable company (by current stock valuations at least.)

But Apple has never really given hard data on how much money it makes from these specific lines. It files quarterly reports like all public companies, but doesn't break down the figures very far. Now Judge Koh has ordered them to release financial data so that proper damages can be assessed.

"Apple's motion seeks to permanently enjoin the sale of 26 Samsung products that have already been on the market for varying lengths of time, and seeks an enhancement of $535 million on top of the $1.05 billion in damages awarded by the jury," Judge Koh said in her latest motion.

"Such remedies would have a profound effect on the smartphone industry, consumers, and the public," she wrote. "As the extensive media coverage indicates, this is a truly extraordinary case of exceptional interest to the public. Apple's reasons would have to be very compelling indeed to overcome the unsually robust public interest in access."

Koh has been accused by some as leaning towards Apple's side in the case, allowing preliminary injunctions against Samsung's Nexus phones and Galaxy fondleslabs before the case was even heard. But on the disclosure issue, she ruled that Apple would have to show its figures as early as August, although this was put on hold until this current motion.

Even now, Apple's accounting department won't have to hand over the data quite yet. Cupertino is appealing the motion and Judge Koh allowed the company to keep the figures to itself until the US Court of Appeals for the Ninth Circuit rules on the matter.

Samsung still hasn't stopped fighting from its corner, either. Earlier this month the company filed a motion requesting a retrial on the grounds that the jury foreman Velvin Hoga lied in court about his involvement in patent disputes and misled the jury as to the nature of patent law. Judge Koh is expected to rule on that matter by the end of the year. ®

SANS - Survey on application security programs

More from The Register

next story
Lavabit loses contempt of court appeal over protecting Snowden, customers
Judges rule complaints about government power are too little, too late
Don't let no-hire pact suit witnesses call Steve Jobs a bullyboy, plead Apple and Google
'Irrelevant' character evidence should be excluded – lawyers
Record labels sue Pandora over vintage song royalties
Companies want payout on recordings made before 1972
EFF: Feds plan to put 52 MILLION FACES into recognition database
System would identify faces as part of biometrics collection
Edward Snowden on his Putin TV appearance: 'Why all the criticism?'
Denies Q&A cameo was meant to slam US, big-up Russia
Ex-Tony Blair adviser is new top boss at UK spy-hive GCHQ
Robert Hannigan to replace Sir Iain Lobban in the autumn
Judge halts spread of zombie Nortel patents to Texas in Google trial
Epic Rockstar patent war to be waged in California
German space centre endures cyber attack
Chinese code retrieved but NSA hack not ruled out
APPLE FAILS to ditch class action suit over ebook PRICE-FIX fiasco
Do not pass go, do cough (up to) $840m in damages
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.