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The whole spat started when Apple filed suit against Samsung in April 2011, accusing its rival of copying the look and feel of its iPhones and iPads. Initially, the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung CEO… Another dose of reason. As an Olympic swimming pool has a capacity of 2,500 cubic metres (aka "one olymp"), that would be the same as four and a half Olympic swimming pools filled entirely with copper. Apple initially demanded Samsung pay $2.5 billion when the lawsuit began in 2011, but that figure was reduced to less than $1 billion in the initial 2012 verdict in Apple’s favor. "https":"http")+"://cdn.embedly.com/widgets/platform.js";var e=document.getElementsByTagName(c)[0];e.parentNode.insertBefore(d,e)}}(document); Is Hobby Lobby Closing All Their Stores? Either way, that alone should debunk the rumors that Samsung paid Apple anything, especially in coins. Or In English: "If you're going to steal news, make sure not to use a fake news site as a source.". Though the rumor is not a new one, it has resurfaced once again. 4) Consider how much a billion dollars in nickels would weigh: you need 20bn of them, and at 5g each that's 0.005 kg x 20,000,000,000 = 100,000,000 kg = 100,000 tonnes. Strictly speaking, these are damages. But the day belonged to Apple as the jury rejected all Samsung's claim against Apple. This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. After being judged to have infringed a patent Samsung was left with a hefty fine. You'd need 2,755 to carry a billion dollars in nickels. The judge's decision, which could include a tripling of the fine, is due on 20 September (or possibly 6 December now; it's unclear). 20 November: Samsung ordered to pay Apple $290m for US patent infringements. First U.S. trial. And then drive back. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. After seven years, Samsung and Apple have finally settled a lawsuit that alleged Samsung copied Apple’s design for the iPhone. Utility patents protect the functional parts of a product. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Apple wants $380 millions, Samsung says it owes $52 million. A high-profile lawsuit may cause two giant tech firms (and others) to make bold design and engineering decisions. This, however, was a lie spawned by … If each 18-wheeler can hold approximately 40 tons, that would mean Samsung would need more than 2,700 trucks to haul the coins, not 30 like the rumors state. Samsung Electronics Co. fired back with its own lawsuit seeking $399 million. Apple has been awarded more than $1bn (£632m) in damages after its rival smartphone and tablet manufacturer Samsung was found to have copied … First, the amount Samsung must pay Apple hasn't been settled yet. As of November 19th, 2013, the jury is still deliberating on a set amount. 2) If Samsung tried to pay the fine in five-cent coins, Apple could legitimately tell the trucks to … Samsung was also found to have infringed Apple patents covering the physical design of the iPhone. Samsung Pays Apple $1 Billion in Nickels? All rights reserved. D504,889, D593,087, D618,677, and D604,305). As proof that some people will believe absolutely anything, the latest story doing the rounds is that following Apple's win in the mutual patent infringement case against Samsung, in which the jury assessed a $1bn fine, "Samsung paid Apple its $1bn fine by sending more than 30 trucks to Apple's headquarters loaded with nickels [5-cent pieces]". A US court orders Samsung to pay Apple $1.05bn in damages after a patent dispute, and rejects claims Apple breached its rival's technologies. In fact, the story began life as a satirical article on a humour website and was never intended to be taken seriously. Apple Inc. won $539 million from Samsung Electronics Co. in the final throes of the companies’ U.S. court struggle over smartphone technology, seven years after the … Paperblog reports that Samsung is ready to pay Apple in full the over $1 billion in damages. The Samsung paid Apple lawsuit in 30 truck loads of coins rumor got started last fall when a court first ruled in favor of the Cupertino smartphone maker, naming 1.05 billion as the amount Samsung owed Apple. Here's the relevant phrase from the US Treasury web page: Q: I thought that United States currency was legal tender for all debts. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues.". Nickel … Did Samsung send full payment for Apple lawsuit in 30 trucks full of coins? Until then, Samsung only has to pay its lawyers. The first version of the story may have been published in Spanish on the satirical website El Deforma on August 27, 2012. The second point is simple math. For example, a bus line may prohibit payment of fares in pennies or dollar bills. Either way, that alone should debunk the rumors that Samsung paid Apple anything, especially in coins. Imagine that if you can. But while the fight was hashed out using specific patents, the battle was ultimately about whether Samsung copied Apple in the early days of smartphones to gain an … That should be less than $1bn. The jury has ruled that Samsung willfully infringed a number of Apple patents (more on that in a minute) in creating a number of devices (more coming up on that, too) and has been ordered to pay Apple $1.05 billion in damages. The jury ended up siding with Apple, agreei… Samsung didn't pay Apple in coins. The total weight would exceed 110,000 tons. Did Samsung pay the Apple lawsuit in full with 30 trucks full of nickels or pennies? Is Hobby Lobby Closing All Their Stores? Photograph: Sang Tan/AP, Apple's win in the mutual patent infringement case against Samsung, Olympic swimming pool has a capacity of 2,500 cubic metres, Eric Schmidt, kittens and the inventive step: the smartphone patent wars explained, Samsung ordered to pay Apple $290m for US patent infringements. The jury found that Apple should be paid $539m (£404m), but as Samsung previously paid Apple $399m, if the most recent verdict is upheld on appeal it will result in Samsung … The New York Times noted in 2006 that there were about 20bn nickels in circulation at the time; rising metal prices were encouraging people to melt them for the copper and zinc. In two separate lawsuits, Apple accused Samsung of infringing on three utility patents (United States Patent Nos. Detailed Analysis. The story actually originated on El Deforma, described (by many) as "an Onion-like Mexican website" - that is, specialising in fake news. Arguments in the retrial ended last Friday. © 2016 Guardian News and Media Limited or its affiliated companies. She also pointed out that the site has a "tip of the day", which on Wednesday had the advice: "Si vas a plagiar noticias, no uses un sitio de noticias falsas como fuente." 2) If Samsung tried to pay the fine in five-cent coins, Apple could legitimately tell the trucks to turn around and head back to Samsung (if the trucks weren't imaginary in the first place). As of November 19th, 2013, the jury is still deliberating on a set amount. Oops. Social media has been a buzz this week with the story that Samsung submitted payment for patent infringement in $1 billion worth of coins. No surprise, there wasn’t any such news. A jury tells Samsung to pay Apple $119.6 million for infringing some of its patents, while Apple owes Samsung … An ongoing court case was settled between Apple and Samsung and a judge ruled Samsung must pay Apple the sum of $1 billion dollars. Here's the original; I'm grateful to Maria Figueroa, who first pointed this out to me. I n May 2018, a California jury held that Samsung must pay Apple almost $540 million in a patent infringement lawsuit directed to smartphones. So there you have it. That should be less than $1bn. Isn't this illegal? (In the UK, the rules are stricter: "legal tender" - meaning payment for a court-ordered debt - mean, says the Royal Mint, that 5ps are only legal tender for amounts up to £5, for example. PaperBlog - This morning more than 30 trucks filled up with coins of 5 cents arrived at Apple’s headquarters in California. Although an earlier jury determined Apple was owed $1 billion after Samsung infrigined Apple's patents in making and selling 26 products, a judge later ruled that the jury miscalculated. The jury ordered Samsung to pay Apple $1.05 billion. ), 3) Some more fact-checkiing from Ken Tindell via Twitter: "A nickel weighs 5g. Reports that Samsung paid off a $1.05 billion judgment awarded to Apple in a patent infringement lawsuit entirely in nickels are fake news. It shortly emerged that Samsung would be cheekily arriving at the doorstep of Apple's HQ with 30 dump trucks full of nickels (5 cent coins). One other point: it isn't actually a "fine", because it isn't imposed by or payable to the government (it's decided by the jury, payable to Apple). I n May 2018, a California jury held that Samsung must pay Apple almost $540 million in a patent infringement lawsuit directed to smartphones. Get the Facts!function(a){var b="embedly-platform",c="script";if(!a.getElementById(b)){var d=a.createElement(c);d.id=b,d.src=("https:"===document.location.protocol? This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy. Apple, Samsung win some, lose some in patent case. News Samsung to pay Apple $539 million in iPhone patent case. A: The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. Apple wants $380 millions, Samsung says it owes $52 million. If Samsung were to pay $1 billion dollars in 5 cent coins (nickels), it would require 20 billion coins, but statistics say that the US Mint produces less than a billion nickels in a year, which means Samsung can not arrange such a large number of nickels without their help. Several days later, that decision was spoofed in a humor piece (translated from the original Spanish) positing that Samsung had paid off the award in … By Kit Eaton 5 minute Read. Each nickel weight about 5 grams. Reports broke that Samsung paid Apple a $1 billion fine— the result of a longstanding legal patent battle between the two electronics companies—in nickels. Each nickel weight about 5 grams. 100,000 tonnes of copper (let's assume that's what it is for now) would, at a density of 8,940 kg/cubic metre (that's 8.94 tonnes/cubic metre), occupy just over 11,185 cubic metres. The world’s top smartphone rivals have been in court over patents since 2011, when Apple filed a lawsuit alleging that Samsung’s smartphones and tablets “slavishly” copied its products. On August 24, 2012, South Korean company, Samsung was ordered via a court ruling to pay rival Apple $1.05 billion after it was found to have “willfully infringed” on several of Apple’s patented devices. Dumb meme of the day, but it fails the legal tender test - and the reality test, if you think how much metal that would require (updated), Trucks on a section of the A40 highway in London. 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