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I wonder how much the legal billing hours on both sides was. Anyways- Putting it in perspective, It will take Samsung a bit more than a day to pay for this ver
by DanBlake 12y ago
I wonder how much the legal billing hours on both sides was.
Anyways- Putting it in perspective, It will take Samsung a bit more than a day to pay for this verdict (about 29.5 hours of revenue)
- asdfologist 12y agoShouldn't you measure hours of profit, not revenue? If a company has positive revenue but negative profit, then they'll never pay it off.
- noisy_boy 12y agoConsidering we are talking Samsung Electronics here, you can do away with the semantics - their profit was $5.2 billion only in the second quarter of 2013[1]. [1]:http://www.forbes.com/sites/timworstall/2013/07/27/interesting-number-samsung-now-beats-apple-as-worlds-most-profitable-phone-maker/ http://www.forbes.com/sites/timworstall/2013/07/27/interesti...
- omni 12y agoIt's not semantics. If in 29.5 hours I make $119.6 million in revenue by selling $100 million in product, then it's going to take me a lot longer than 29.5 hours to pay off a $119.6 million debt.
- asdfologist 12y agoThat was actually for handsets alone :)