It’s exactly a year after Steve Jobs resigned as the CEO of Apple, and today, the current CEO Tim Cook has probably made Jobs proud after the jury handed down a verdict in the US-based Apple vs. Samsung trial.
It was decided today by the nine jurors that Samsung had copied Apple and infringed the company’s intellectual property. Although Apple demanded nearly $2.5 billion from Samsung, the verdict, however, was that the South Korean multinational company will have to pay $1,049,343,540 to the Cupertino-based company.
Well, just after Apple heard the good news, the company’s stock prices shot up and rose to an all-time high, with more than $657 per share in after hours.
Tim Cook sent an internal email to Apple employees with regard to the verdict received in favour of them. The memo stated that Apple wasn’t behind money or patents, but it was all about “values.” Tim said, “It has always been about something much more important than patents or money. It’s about values.”
Here’s the full text of Cook’s email:
Today was an important day for Apple and for innovators everywhere.
Many of you have been closely following the trial against Samsung in San Jose for the past few weeks. We chose legal action very reluctantly and only after repeatedly asking Samsung to stop copying our work. For us this lawsuit has always been about something much more important than patents or money. It’s about values. We value originality and innovation and pour our lives into making the best products on earth. And we do this to delight our customers, not for competitors to flagrantly copy.
We owe a debt of gratitude to the jury who invested their time in listening to our story. We were thrilled to finally have the opportunity to tell it. The mountain of evidence presented during the trial showed that Samsung’s copying went far deeper than we knew.
The jury has now spoken. We applaud them for finding Samsung’s behavior willful and for sending a loud and clear message that stealing isn’t right.
I am very proud of the work that each of you do.
Today, values have won and I hope the whole world listens.
Compiled from The Verge live blog, here’s the list of patents that Samsung has been found guilty of infringing:
- Several Samsung products are found to be violating Apple’s ‘301 patent – Galaxy Tab Wi-Fi, Continuum, Droid Charge, Exhibit 4G, Galaxy Ace, Prevail, S, 4G, S II, Galaxy Tab, The Gem Indulge, Infuse 4G, Mesmerie, Nexus S 4G, Replenish and Vibrant.
- Some Samsung products that violates Apple’s ‘915 patent (or pinch to zoom) – Captivate, Continuum, Droid Charge, Fascinate, Galaxy Prevail, Galaxy S 4G, Galaxy S II, i9100, Galaxy S 2 T-Mobile, Tab, Tab 10.1, Gem, Indulge, Infuse, Nexus S 4G
- Samsung products violating Apple’s ‘163 patent (tap to zoom) – Droid Charge, Epic 4G, Exhibit 4G, Fascinate, Ace, Prevail, Galaxy X, Galaxy S 4G, S II AT&T, i9100, S II T-Mobile, Galaxy Tab, Tab 10.1, Infuse 4G, Mesmerize, and Replenish
- Samsung products that infringed on Apple’s on ‘677 design patent – Fascinate, Galaxy S, S 4G, S 2 ATT, S2 i9100, S2 Tmobile, S 2 Epic 4G touch, Skyrocket, Showcase, Infuse 4G, Mesmerize, and Vibrant
- Samsung products that infringed on Apple’s ‘087 design patent – S i9000, S 4G, and Vibrant.
- Samsung products found infringing on Apple’s ‘305 design patent – Captivate, Continuum, Droid Charge, Epic 4G, Fascinate, Galaxy S i9000, S 4G, Showcase, Gem, Indulge, Infuse 4G, Mesmerize, and Vibrant