Iphonizate. Patently Apple. In court on Tuesday Apple's damages expert testified that Apple should receive $2.2 billion in damages from Samsung for infringing on five of their patents, and to compensate for Samsung's sale of 37 million devices, which led to a loss of profits for Apple. Continue reading "Apple's Damages Expert Testifies to Samsung's Scope of Patent Infringement Being worth $2.2 Billion" » A new Korean report published today states that Samsung Electronics is expected to record an operating profit of 8.4 trillion won ($7.9 billion) in the first quarter, down 4.33 percent from a year ago, as the result of slow smartphone sales growth.
The estimate did not provide figures for each of its business divisions. These will be made public in the last week of April. Yet looking forward, analysts are seeing the coming smartphone pricing wars being a negative on Samsung's bottom line going forward. Two new rumors surfaced today courtesy of Taiwan's DigiTimes. In the second California Apple v. St. 9to5Mac.
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