Judge voids $533 mn verdict against Apple Inc, sets damages trial

A federal judge has thrown out a $532.9 million damages award against Apple Inc after a jury found that its iTunes software infringed three patents owned by a Texas company.

Apple inc
Apple currently also uses Amazon.com Inc's and Microsoft Corp's cloud services, but intends to end its reliance on all its rivals in the next few years, Recode said.

A federal judge has thrown out a $532.9 million damages award against Apple Inc after a jury found that its iTunes software infringed three patents owned by a Texas company.

In a decision on Tuesday, U.S. District Judge Rodney Gilstrap said his jury instructions might have “skewed” jurors’ understanding of the damages that Apple should pay SmartFlash LLC, a licensing company that held the patents in dispute.

Gilstrap set a new trial only on the issue of damages for Sept. 14 in Tyler, Texas.

For Updates Check Technology News; follow us on Facebook and Twitter

Get live Share Market updates, Stock Market Quotes, and the latest India News and business news on Financial Express. Download the Financial Express App for the latest finance news.

This article was first uploaded on July eight, twenty fifteen, at five minutes past seven in the evening.
Market Data
Market Data