iPhone News Desk
CEOs Fail to Settle Apple-Samsung Differences
Apple wants as much as $2.88 billion in damages, but more than any money it wants a permanent injunction
By: Maureen O'Gara
Aug. 22, 2012 10:00 AM
The jury will hear closing arguments Tuesday after the CEOs of Apple and Samsung failed to resolve their patent dispute in talks Monday.
Presiding judge Lucy Koh warned the companies that either or both of them could be at risk if the jury gets the complicated case. She advised the CEOs to try settling again ahead of their deliberations.
The jury's verdict will currently depend on how it answers 700 yes-and-no questions unless Koh simplifies the verdict form ahead of the jury beginning its deliberations.
Bloomberg said Monday morning that it heard from "a person familiar with the matter" that Tim Cook and Kwon Oh Hyun would talk. They went through such formalities before the trial started.
In what looked like a clear indication of the futility of any further negotiations, the sides told Kohn over the weekend that they had been unable to narrow their claims as she wanted.
The jury is supposed to get Apple's suit and Samsung's countersuit Tuesday or Wednesday after what has been described as 100-pages of instructions that Koh will read to them. It's supposed to take an hour and a half.
Apple wants as much as $2.88 billion in damages, but more than any money it wants a permanent injunction. Samsung wants $421.8 million in royalties as a way to nudge Apple into giving it a license.
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