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Apple and Samsung Ordered Talks Fail - Trial Date Set

Fluffeh writes "Apple and Samsung just can't come to an agreement, even when the two CEOs have been ordered by a court to hash it out over a two-day period. U.S. Judge Judy Koh had ordered the sit down prior to court proceedings between the two giants, but the talks resulted in nothing more than each side confirming its position. Although Apple CEO Tim Cook said, 'I've always hated litigation and I continue to hate it,' he also said, 'if we could get to some kind of arrangement where we'd be assured [they are inventing their own products] and get a fair settlement on the stuff that's occurred.' Perhaps Tim is worried that Samsung is still the primary component supplier for mobile products, including the iPhone, iPad, and iPod touch, or perhaps Apple has bitten off more than it really wants to chew, with the litigation between the two getting to truly epic and global proportions."

2 of 165 comments (clear)

  1. Re:"more that it wants to chew" by SurfsUp · · Score: 0, Troll

    When you have as much money as Apple there is very little it cannot gnaw upon.

    True, and when you are as greedy and morally challenged as Apple is, that is bad news for society in general.

    --
    Life's a bitch but somebody's gotta do it.
  2. Re:I suspect there are more to meet the eyes by Anubis+IV · · Score: 1, Troll

    Related to this, there were rumors about a week ago that Apple had decided to place a large order for DRAM with a company other than Samsung. Samsung's market cap took a $10 billion hit that day and went down even further in the days after, while their stock price took its largest single-day plummet in the last four years.

    As far as supplies go, Samsung's are commodities that Apple can get elsewhere, with only a few exceptions. Samsung can't get business like Apple's elsewhere, however. They'd both be able to survive without the other, but I believe that Samsung would suffer more for it.