Ouch! This amount is nothing (loose change) to Apple as it heads towards becoming the FIRST ever 1$ Trillion dollar company.
Apple has been hit with yet another patent infringement fine. Canadian patent licensing company WiLan took the tech giant to task over two patents relating to wireless communication within the iPhone. WiLan – which isn’t shy about suing the wireless industry over alleged patent violations – has been awarded $145.1 million in damages by a federal jury in California. Apple, naturally, says it plans to appeal the decision. This isn’t the first time the two companies have locked horns – in 2013 a jury ruled in favour of Apple in a separate litigation where WiLan sought $248 million in damages.