Did Samsung Really Pay Apple $1Billion In Nickels?


Several recent reports claim that more than 30 trucks arrived at Apple’s headquarters in California early this morning, filled with 5-cent coins, amounting $1bn in total. This is the sum that Samsung has to pay Apple for the damage, as the verdict, reached by the jury at United States District Court, Northern District of California; San Jose Division has pled the Korean manufacturer guilty in a patent case.

But let’s get back to the case. The reports spread recently claim that the security company that protects Apple’s facility said the trucks were in a wrong place. However, shortly after, Tim Cook received a note from the Lee Kun-hee, CEO of Samsung, explaining that the trucks were carrying the ordered fine ruled by the district court recently.

The story wouldn’t seem to be a joke at the very first glance, as there is no single specified method of paying the fine identified in the official docs. This does entitle Samsung to pay the billion dollar damage the way the company deems best.

However, this is a hoax, a big hoax indeed. Despite the fact that there is no response from the major news outlets, the story seems to have stemmed from a Spanish website, which reads that Lee Kun-hee, Chairman of Samsung told the media that his company is not going to be intimidated by a group of "geeks with style" and that if they want to play dirty, they also know it.

"You can use your coins to buy refreshments at the little machine for life and make computers or merge with them, that's not my problem; I already paid them and turned to the law," Mr. Kim said according to the report.

The report even cites some unspecified “experts”, who claim that Samsung would indeed be able to get away with something like this, as the court documents do not specify how a company or person is to pay of a judgment. In this case, the fine can be paid in whatever denomination the guilty party would like, as long as it is paid off in the currency that is stated in the verdict.


What makes the story abundantly senseless is that Samsung has explicitly declared that the company is not intending to pay the fine unless they get the verdict after the appeal ruling. With the hope to avoid paying $1bn and recovering the damaged reputation, it seems somewhat irrational that the Korean manufacturer would change its mind and decide to pay the fine before the final verdict without any specified reason.

4 comments :

Ahmed Elaroussi said...

$ 1Billion in nickels would weigh 100000 tons = 3333.33 ton/truck!!! :D

Parker Monroe said...

Impossible.

There are 20 nickels in a dollar – which means there are 20,000,000,000 nickels in $1 Billion dollars. There aren’t even that many nickels ever minted! But let’s continue… just for fun.

One single nickel weighs 4.5 grams (.0099 lbs). That means $1 Billion worth of nickels would weigh roughly 198,000,000 pounds (99,000 tons). Divided equally among the 30 trucks equals 3,300 tons per truck. The largest Class 8 trucks can only haul 16.5 tons. Had Samsung really wanted to do this (and had their even been enough nickels in the world) they would have needed 6,000 of the largest trucks available.

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