Today's Hard|Forum Post
Today's Hard|Forum Post

Monday October 19, 2015

Apple Ordered To Pay $234M For Patent Infringement

A jury has ordered Apple to pay the University of Wisconsin-Madison more than $234 million in damages for patent infringement. As one might expect, Apple says it will appeal the verdict.

The amount was less than the $400 million the Wisconsin Alumni Research Foundation (WARF) was claiming in damages after the jury on Tuesday said Apple (AAPL.O) infringed its patent for improving the performance of computer processors. WARF uses some of the income it generates to support research at the school, doling out more than $58 million in grants last year, according to its website.