Apple handed almost $1 billion to Samsung after failing to order enough OLEDs A result of slow iPhone sales By Rob Thubron on July 14, 2020, 5:18 Childish, but funny. A funny story has emerged that claimed Samsung paid Apple their $1.05 billion fine entirely in five-cent coins, spanning 30 truck loads, simply to burden their smartphone rival. References: Apple wins lawsuit against Samsung US Mint coin production figures a Billion Dollars, 30 trucks, 5 cent coins. Therefore, as hilarious as it may seem, Samsung did not really pay Apple its humongous fine with 30 truckloads of five cent coins, in contrast … It's also near physically impossible. Californian jury ordered Samsung to pay Apple $1.05 billion Apple plan to formally demand Samsung pull its most popular cellphones and computer … A US court orders Samsung to pay Apple $1.05bn in damages after a patent dispute, and rejects claims Apple breached its rival's technologies. Rumors saying Samsung pays Apple $1 Billion in 30 trucks full of 5 cents coins is a hoax. Now there are dozens of stories working their way around social media sites that say Samsung paid Apple in millions of coins which were sent by truck to the Apple headquarters. Throwback Photos: How Samsung Paid $1 billion Fine To Apple With Coins. It's a joke that some people took seriously. Initially, the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung … Nope. Both Apple and Samsung are technology giants and such a high profile legal issue between them will take some time to sort out. Lawsuit Paid In Full: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins. If Apple refused to accept these coins Samsung would have to take them back and pay Apple interest until the debt was determined. An ongoing court case was settled between Apple and Samsung and a judge ruled Samsung must pay Apple the sum of $1 billion dollars. Initially, the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung CEO explaining that they will pay $1 billion dollars for the fine recently ruled against the South Korean company in this way. The news of Samsung sending 30 truck loads of 5 cents coins towards the $1 billion penalty to Apple is a hoax. Hoax or Fact: Hoax. As Snopes -- the Urban Legend debunking site -- makes clear, a billion dollars in nickels would be just about every nickel in circulation worldwide. Paperblog reports that Samsung is ready to pay Apple in full the over $1 billion in damages. Initially, the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung CEO explaining that they will pay $1 billion dollars for the fine recently ruled against the South Korean […] And obviously, the money has not been transferred yet since Samsung intends to appeal the judge's decision. PaperBlog - This morning more than 30 trucks filled up with coins of 5 cents arrived at Apple’s headquarters in California. According to some publications Lee Kun-hee, the chairman of Samsung refuses to be intimidated by a group of geeks with style and playing dirty requires at least two sides. After a court ruling in Apple’s favor, requiring Samsung to pay them $1.05 billion in a patent infringement case, rumors swirled that Samsung decided to send 30 trucks full of pennies or nickels in a spiteful move to pay up. This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. To pay off a billion dollars in nickels would require 20 billion of those coins. More than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. Staff Writers. This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. In 2012, security was about to send the trucks away when the CEO from Samsung called Tim Cook (Apple CEO) to explain that the trucks did, in fact, hold their money from the court case. Stimulus update: Everything to know about the bipartisan $300 unemployment benefit plan Other Talk - Lawsuit Paid In Full: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent - I must admit this made me laugh. Too bad it's a hoax. Epic Trolling from Samsung This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. It was earlier reported that Apple paid Samsung around $745 million for not meeting the OLED display purchase requirement. Samsung Pays Apple $1 Billion In Nickels This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. KG Smooth. They found that Samsung infringed on a series of Apple’s patents on mobile devices, awarding Apple more than $1 billion … Several days ago, Apple scored a major legal victory against Samsung, which is why the Korean company now owes $1.05 billion to Cupertino. Just two hours ago some crazy rumors spread on the entire network suggesting that Samsung tried to pay Apple its $1 billion by sending 30 trucks full of 5 cent coins. PaperBlog – This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. More than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. PaperBlog – This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. A federal jury in California on Friday recommended that Apple be awarded more than $1 billion in damages after finding Samsung was guilty of "willful" violations of a number of Apple… Home » Gadgets » Launches » When Samsung paid Apple USD 1 Billion in 30 trucks of 5 cent coins Did Samsung pay 30 trucks of 5 cent coins to Apple? For starters, 1 Billion is 1,000 Millions. Therefore, the messages claiming that Samsung pays Apple $1 Billion in 30 trucks full of 5 cent coins is nothing but a hoax. NewsComAu November 21, 2013 11:50am. REPORTS that Samsung paid Apple a $1 billion fine in coins is a complete internet hoax. Watch Samsung pays Apple $1 Billion in 30 Trucks full of 5 Cent Coins - Automatic Stablizer on Dailymotion Your kidding yourself if you think 30 trucks holding 1 Billion in 5c coins could come close. Jury Awards $1 Billion to Apple in Samsung Patent Case. Samsung were forced to pay Apply $1 billion after a law case however they weren't told that they had to pay in a specific method. Samsung Display is Apple’s biggest OLED supplier for its iPhones. Apple has reportedly paid Samsung a penalty amount of almost $1 billion for failing to purchase OLED displays as required. This story is funny! According to New-Hound.net, This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. Samsung Pays Apple $1 Billion in 5-cent Coins. 27 Feb, 2016 by Editorial. Samsung pay Apple $1 Billion by sending 30 trucks full of 5 cent coins Samsung sent 30 trucks filled with 5-cent coins to Apple's head quarters in California today. The problem is, the story couldn't be more wrong. This alone with $100 Notes will probably need more than 30 trucks. 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