Court Cuts Historic Apple Award; Orders New Trial

A US district court judge Friday slashed the $1.05 billion award granted Apple last August by a jury that found Apple’s great nemesis Samsung copied Apple’s mobile widgetry. Apple’s stock thereupon fell. The court has ordered a new trial to decide exactly what Apple should get. District Court Judge Lucy Koh doesn’t think the trial will begin before the companies’ appeals are resolved and may not determine exactly how to calculate the damages. It’s not clear that Apple still won’t get the remaining $450,514,650 or more. And Apple also wants more damages than the jury gave it. Apple gets to keep roughly 60% of one of the largest awards ever made but will have to fight to get the rest, which Koh claims was granted on incorrect legal theory.

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