(Bloomberg) — If any company knows how to get rid of a billion-dollar patent-infringement verdict, it’s Apple Inc.Apple pledged to appeal Wednesday’s $1.1 billion verdict won by California Institute of Technology, in which it was told to pay $838 million and its chip supplier Broadcom Inc. was hit with $270 million in royalties by a federal jury in Los Angeles. Apple is counting on its past history challenging such verdicts to mean good odds for the future.In the past decade, the iPhone maker has evaded a $533 million verdict over controlling digital content, a $506 million judgment over microprocessor technology …read more
Source:: Yahoo Finance
