Apple to Samsung: Your patents are worth half a penny per unitJuly 24, 2012: 9:55 AM ET
And by the way, you owe us $2.5 billion in sales, damages and lost profits for ours
According to FOSS Patents' Florian Mueller, who has reviewed documents filed Tuesday morning, Apple is demanding
- $500 million in lost profits
- $25 million in royalty damages
- $2 billion for the profits Samsung "unjustly received" using Apple's intellectual property
Meanwhile, for the 2.4% royalties on Apple's sales that Samsung was reportely demanding for use of its wireless technology patents, Apple has offered $0.0049 -- or half a penny per device.
For the patents Apple alleges that Samsung infringed with its Google (GOOG) Android devices, Apple is demanding royalties according to the following schedule:
- $2.02 for the "overscroll bounce" (or "rubber-banding") '318 patent
- $3.10 for the "scrolling API" '915 patent
- $2.02 for the "tap to zoom and navigate" '163 patent
- $24 for use of any of Apple's design patents or trade dress rights
We haven't seen Samsung's side of the ledger, but it's fair to assume it's considerably different.
Nobody -- not even Apple -- gets everything they ask for in such negotiations. But given the distance between the two sides, it seems unlikely that a settlement can be reached before the trial is scheduled to begin next Monday, July 30.
For a good backgrounder, see Apple v. Samsung: The Patent Trial of the Century in Monday's Wall Street Journal.