Posted on 02/25/2015 11:37:54 PM PST by Berlin_Freeper
Apple has suffered a patent defeat involving some of the technologies it uses in its iTunes store.
The company has been ordered to pay $533m (£344m) to Smartflash, a British Virgin Islands-based firm that owns and licenses tech-related patents but does not make products itself.
(Excerpt) Read more at bbc.com ...
The company has been ordered to pay $533m (£344m) to Smartflash, a British Virgin Islands-based firm that owns and licenses tech-related patents but does not make products itself.Is this the most drawn-out interview process ever?
Green Mailers= Pirates....
Nope.
They might lose numerically but, in practical application markets they continue to grow and the margins are extraordinary compared to cloners and wannabes...
Patent trolls are bad for the economy, but they are not as bad as actual producers who hold patents. Troll don’t want to put you out of business. They just want a piece of your action. It’s like a tax. In contrast, the patent holding producer wants to shut competition down and will happily put you out of business completely.
Did not know that...
Hmmmm....I agree somewhat but, that this “so called” company is BVI headquartered bends my antennae. ..
The vast majority of those generic tablets retail for under $60 and many of them are not even capable of connecting to the internet. They are at best considered children's toys. They run Android, but do not connect to the Android Play Store. They come loaded with a few built-in games, but you cannot add any more. Many others are like this one, running a very old version of Android:
Yes, that one is for sale today and was made in 2015 . . . but the companies who total these sales count them as competing with Apple's top of the line iPads as though they were the same market. They are not. People buy them and when they find they are pretty much useless, toss them in a drawer and forget about them. Look around. Do you ever see anyone using one?
Patent troll company. Produces absolutely nothing.
Patent trolls must be squished and their investors and counsel impoverished!
iPods and mp3 only players are becoming redundant. Smartphones do the job as good or better.
SmartFlash $533 million Patent Infringement suit against Apple Story already posted on FreeRepublic over here.Most people appreciate different sources.
Apple reported iPad sales of 21.4 million units, down 18 percent year-over-year.
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