Dec 23, 2012

When $12b = $1.5b

Read some amazing news recently at Forbes - Google's purchase of Motorola cost much less then assumed because

1. Acquired cash about $3b , strangely not many think of netting it off as it should be done...
2. Tax breaks which could amount to $5-6b over a few years
3. Sold off the set top business for about $2b

Net net, they almost got the patents free or got rest of M free if they paid for patents...

Reason I mention this is because some anti Google shills have been spreading FUD about how the acquisition has been a disaster without understanding the nuances

Dec 20, 2012

More bad news for Apple!! Pinch to zoom invalid

It seems in more ways than one Apple has to look back to find better days.

Now a most critical patent, a key part of the $1b verdict is deemed invalid. This is a big big blow. Let us see what the judge does, since by now all the non-design patents of that trial are under cloud. And she herself expressed doubts on the design ones. The biased mockingbird jury did not even consider validity or prior art, in its botched up job executed in great haste.

But the American legal system is not just one courthouse, so it may yet redeem itself

Don't be surprised if the entire case is reduced to nothing, even before appeals.

Samsung can take care of itself, it has money. But these lawsuits make it harder for 800 pound tech gorillas to blackmail and destroy smaller rivals using sleaze ball  lawyers and a dysfunctional patent system. That's the big reason we should all celebrate Samsung's victories. Or Google's for that matter.

Dec 18, 2012

A rotten verdict for Apple!

Perhaps reeling under the flood of negative coverage following the jury verdict, even assailed as a Kangaroo court by some observers, Judge Koh delivered a blow to Apple - denying injunction on the matter. Which means Samsung merely pays the $1b, which was described by Apple's own lawyers as a mere slap on the wrist!

Mind you, two of the patents used for the kangaroo verdict were thrown out on subsequent proceedings in USPTO. There were numerous other errors in the verdict by the jury which I had described earlier as "Mockingbird jury". All of which means the verdict itself will be trimmed, most likely, by Judge Koh herself, if not on the feather used to tap Samsung on the wrist is likely to become even softer and gentler.

Apple's strategy of using California courts (its track record elsewhere is pathetic) to destroy Samsung is now in tatters..

The case will go to the appeals court, no doubt. But the court where it likely ends up next is the one that threw out the Galaxy Nexus injunction (which perhaps influenced Judge Koh in delivering this verdict), so if you are a Apple fan, don't hold your breath!!

In the meantime, Apple stock is falling. Because, its own Mini, sold cheap to compete with Android tablets, is eating into full price IPAD sales. This is what I predicted earlier

Competition is great isn't it? Apple is not going to go back to the happy days of fleecing whatever it wants from its buyers any more..