Friday’s ruling against Samsung means Apple will be $1.5 billion dollars richer, but what does that mean for the rest of us?
The jury found Samsung guilty of violating Apple’s iPhone-related patents, and Samsung’s official statement summed up the company’s concerns: “Today’s verdict should not be viewed as a win for Apple, but as a loss for the American consumer.”At minimum, analysts warn that we can expect higher prices due to licensing fees that will now have to be paid to Apple. Apple argues that this will force the market to be more innovative, pointing to the Nokia Lumina and the Xperia Arc S as example of phones that do not infringe on its intellectual property.
What do you think of the jury’s decision? Where do you think you’ll see the effects?
Christina Bonnington, Staff Writer at Wired
Matt DeBord, KPCC’s business and economy reporter