4 ms·
I can't find any articles about Exponential winning the lawsuit, only that they filed one and sought $500 million in damages. Had they won, I think it would hav
by ggreer 1y ago
I can't find any articles about Exponential winning the lawsuit, only that they filed one and sought $500 million in damages. Had they won, I think it would have been in the press. The only thing I could find was Apple's 10K from 1999[1], which says they settled the lawsuit for an undisclosed amount:
> This matter was settled during the fourth quarter of
1999 for an amount not material to the Company's financial position or results of operations.
If Apple did pay $500 million, I think that would have been material to the company's financial position, as their profit that year was $601M.
Again, are there any examples that are less debatable and/or more recent? I don't have a dog in this fight. But if Apple is infamous for this behavior, it seems like there would be stronger examples.
1. See page 59: https://www.annualreports.com/HostedData/AnnualReportArchive/a/NASDAQ_AAPL_1999.pdf https://www.annualreports.com/HostedData/AnnualReportArchive...
- FuriouslyAdrift 1y agoI have not found the records online (a lawyer can probably find it) but I was involved with some of the people in 1997/1998. There were multiple lawsuits going for years as Apple held 5% ownership. The original team ended up founding Intrinsity (https://en.wikipedia.org/wiki/Intrinsity https://en.wikipedia.org/wiki/Intrinsity) and being involed with the Samsung A8 and Apple A4 designs. Apple ended up buying the company and many of those people are the ones designing their current chips. (https://touchreviews.net/apple-intrinsity-implications/ https://touchreviews.net/apple-intrinsity-implications/)