Apple Will Get Money From Samsung

The Federal Court of California resolved to fine Samsung Electronics for violating 4 patents that belong to Apple. In particular, the South-Korean manufacturer of computer electronics will have to pay Apple $290,45 million dollars for using some of the technologies used to create iPhones and iPads.


Still, Apple seems to be discontent with the decision since the damage according to the initial claim ws estimated at $379,8 million.
It should also be reminded that Samsung was fined $1,05bn for violating Apple’s patents in August 2012. Later, the decision was revised and the court has reduced the fine down to $450 million.
The next hearings will take place in March 2014. Meanwhile, the price of Apple’s stock is appreciating. The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of AAPL: