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Tim Cook Prefers Settling To Suing and Has a Huge Quarter

An anonymous reader writes "Apple's current legal battles with Samsung encapsulate a large number of patents, innumerable suits and counter-suits, and have resulted in legal motions in 11 jurisdictions across the globe. As you may remember, Steve Jobs in his biography was quite vocal about his intent to go thermonuclear on Android, vowing to spend every last dime in Apple's coffers to destroy Google's mobile OS. But Tim Cook is a bit more level headed about things, expressing during Apple's earnings conference call yesterday that he has has always hated litigation and would much rather settle than to battle in court. The caveat, of course, is that Cook doesn't want Apple to 'become the developer for the world.'" It may not be what Jobs would do, but as zacharye notes, it doesn't seem to be hurting earnings. "Despite early-morning jitters on Wall Street, Apple on Tuesday reported yet another blow-out quarter. The Cupertino, California-based company managed the second most profitable quarter in its history, posting a net profit of $11.6 billion on $39.2 billion in sales. Apple sold 35.1 million iPhones into channels last quarter, along with 11.8 million iPads, 7.7 million iPods and 4 million Mac computers. While the firm continues to dominate the technology industry — Apple is currently the most valuable company in the world — several analysts think Apple is just getting started."

4 of 246 comments (clear)

  1. Developer for the world? by serviscope_minor · · Score: 5, Insightful

    Developer for the world sounds like a bit of a tall claim.

    Apple really don't invent much new stuff. What they are excellent at is combining existing, often poorly implemented, inventions into very well polished consumer products. That's their business and they're very good at it.

    But, it shouldn't be subject to patent protection, and their patents tend to be dubious at best.

    The other thing is that patents or not, it's an extremely hard thing to copy.

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    SJW n. One who posts facts.
    1. Re:Developer for the world? by gstoddart · · Score: 5, Insightful

      But, it shouldn't be subject to patent protection, and their patents tend to be dubious at best.

      Unfortunately, this is the situation we find ourselves in. Everything is patented, no matter how absurd, and companies are basically performing rent-seeking by suing everyone who makes something resembling one of their "existing, often poorly implemented, inventions" (which as often as not are just copies of other ideas which have been around a while).

      The problem is the absurdity of the patent system, much more so than any of the players. They're all playing the same game, and nobody wins in the end except for the big companies.

      How much is Microsoft making off every Android phone again?

      I don't see how any company could possibly not be getting embroiled in this unless you simply roll over and cough up a percentage of your earnings to any schmuck who comes along and says he's got a patent.

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      Lost at C:>. Found at C.
    2. Re:Developer for the world? by MikeMo · · Score: 5, Insightful

      Ya know, maybe they don't "invent" things. Whatever. One can say for sure that most of the industry tends to copy Apple's, er, um, 'not inventions'. What did smartphones look like before the iPhone? What did tablets look like before the iPad? Aren't all of the ultra books attempted copies of the Macbook Air? For sure, Intel uses the Air as the target .

      The point is, whatever you want to call it, Apple does seem to lead the industry (at least recently) and they probably do get a bit tired of seeing everyone make stuff that looks and feels like theirs.

  2. Re:But he is still arrogant. by Gilmoure · · Score: 5, Insightful

    There's no skill in polishing. It's all about holding up a clunky rock and expecting people to beat a path to your door. Making it attractive and comfortable and fun to use is just useless fanboi marketing techniques. No skill involved there. Thats why everyone does that and there's only a couple companies out there that make new stuff.

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    I drank what? -- Socrates