Apple is suing Samsung for an additional $535 million in damages, following the $1 billion payout it was awarded in August, Ars Technica reports. Apple asked to keep a variety of documents regarding its financial results private, including "product-specific unit sales, revenue, profit, profit margin and cost data". Judge Koh has slammed that appeal, however. The court order states (PDF link), "Beyond continuing to assert that its financial data are 'trade secrets', Apple has not provided any new arguments for why this information should be protected."The legal blow follows news today that Apple must issue a public statement saying that Samsung didn't infringe upon its intellectual property.
The unveiling of the figures could be an unfortunate consequence of the company's pursuit of additional damages from Samsung, Apple "cannot both use its financial data to seek multi-billion dollar damages and insist on keeping it secret," the court order says, Apple regularly reveals exactly how much profit it's made, but only as a single amount that gives little clue as to how much moolah individual gadgets are raking in, That kind of information would certainly make for an intriguing read, Apple has another chance to stop the data being made public, Judge Koh won't unseal the documents until the US Court of Appeals agrees that the information contained within should be revealed, A best apple ipad accessories outlet online similar order from August is also awaiting review..
It's been a bad day for Apple's lawyers, but how are you feeling about the verdicts? Tell me in the comments or on our Facebook wall. An appeal from Apple to prevent the publication of its per-product profits has failed. Apple has been told by a US judge that its per-product profits will be revealed, meaning we could find out exactly how much dosh Apple makes from flogging the iPhone, iPad and other gadgets. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.
Some people can't seem to make sense of the latest rumor, And I can't blame them -- why would Apple pay any amount for a company that was on the verge of shutting down? What value does Color have?, I've been following Color since the beginning, though, so I have a different perspective on the company, The first thing you need to know is this: there is no way the company was simply going to best apple ipad accessories outlet online shut down, I didn't believe that rumor for a minute, The reasons for this are really straightforward, The rumor now is that Apple is going to acquire Color for a price that is north of Color's $41 million in funding, It seems counterintuitive that anybody would acquire a failed startup for more than its funding, but if you think about the reasons why Color would never shut down, then an acquisition at that price makes sense..
First, you have to subtract any funding Color has remaining from the total acquisition price. After all, you wouldn't sell a company with $25 million in the bank for $20 million. And second, you have to put a price on its engineering talent and its patents. Those could very well be worth tens of millions, especially if there are multiple bidders. Apple's executive team has a very high opinion of Bill Nguyen, and I'm sure they'd love to bring him back into the fold, so I wouldn't be surprised if Apple does end up absorbing Color. But even if Apple doesn't do the deal, somebody will. Color's assets are simply too valuable.