this post was submitted on 27 Sep 2026
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Apple hit with a $5.7 billion verdict for alleged patent infringement (www.engadget.com)
submitted 1 week ago by return2ozma@lemmy.world to c/technology@lemmy.world
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[–] Ertain@feddit.online 42 points 1 week ago (1 children)

For them, that may be pocket change.

[–] eleijeep@piefed.social 51 points 1 week ago (1 children)

From their last quarterly earnings report:

The Company posted quarterly revenue of $109.4 billion, up 16 percent year over year. Company gross margin was 50.1 percent

So the fine is less than a week of revenue.

[–] Goodlucksil@lemmy.dbzer0.com 11 points 1 week ago

Less than a week of revenue is not pocket change. If apple earned 2k a month, this fine would be 350