joephlibeetz

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  • Apple wins partial reprieve over VirnetX $503 million patent case

    joephlibeetzjoephlibeetz
    “Picasso had a saying – ‘good artists copy, great artists steal‘ – and we have always been shameless about stealing great ideas.” – Steve Jobs by Walter Isaacson

    It is my understanding that Apple (used to) fly a pirate flag at their headquarters, symbolizing the company's disregard for playing by the rules and fair play with respect to other people's ideas.  This lawsuit will be 10 years old before it is settled.  Apple has lost 4 times at jury trials and has successfully delayed and appealed the damages VHC wanted originally down from about $6 per infringing device to $1.20 for a product that can cost over $1000.  This latest ruling by the CAFC has removed 34 million iPhones from the calculation of damages from a total jury award of $502 Million.  So VHC should still get about $460M plus interest when it is finally settled, but you can't trust the courts to be logical or to move quickly.  VHC's relavent patents will start to expire in a few years because they have been tied up in litigation for most of their life, so the company hasn't been able to monetize them...potentially hundreds of companies that make products that access the internet have been sitting on the sidelines waiting for the resolution of Apple v. VHC = lost opportunity for VHC.   Why should they sign a license and pay VHC if Apple can show them the way to steal without consequences?
    muthuk_vanalingam