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No, Samsung Did Not Pay Apple Their $1.05 Billion in Damages in Nickels

According to our inbox, more than a few of you came across this headline earlier today. Apparently, the story is that Samsung has decided to skip all of that appeal nonsense in their trial with Apple and just get the $1.05 billion payment over with. Due to there being no specifics on payment method, this silly story claims that Samsung delivered 30 shipping trucks filled with 5 cent pieces to Apple HQ in Cupertino. According to Paper Blog, Samsung’s chairman was even quoted as saying:

You can use your coins to buy refreshments at the little machine for life or melt the coins to make computers, that’s not my problem, I already paid them and fulfilled the law. A total of 20 billion coins, delivery hope to finish this week.

Now, I am hoping none of you actually believed this to be true. Before Samsung sends even a single penny to Apple they will have gone through a flurry of court appeals and whatever else they plan to do. In the meantime, this story was good for a couple of laughs.

Via: PaperBlog

Cheers Jeff, Blutodawg, Daniel, Andrew, and Richard!

  • tehserver

    The rumor would have been better if it had been nickels and dimes.

  • Cory Guagliardo

    Apparently I have dumb friends who argued this is true. I had to explain to them that even if you could round up 21 billion nickels, a machine counting 20 nickels a second would take 33+ years to process that continuously. Naturally their comment was obviously it was more than one machine doing the work but to do it in three days would be like 4,000 machines.

  • This whole way of doing business doesn’t make any CENTS 🙂

  • S_T_R

    There probably isn’t a billion dollars worth of nickels circulating in the whole world. They only make 85 million of the things a year, which is only $4 million worth. Even if ALL of them last for 40 years, that’s only $160 million worth.

  • How exactly do you call it damages? They Iphone and Android are not even direct competitors. I would never consider buying an iphone regardless of what is inside of it. Most people who own Iphones wouldn’t switch to droids (their loss).

  • I would donate all my change to Samsung if they ever decide to do this.

  • Original story was created by a mexican satire new site http://www.eldeforma.com

  • They should send them nickels!

  • MrEnglish

    How stereotypically pedantic.

  • JulianZHuang

    world genius record – the world most expensive, Art of Trolling.

  • HotRodJohnson

    If they ever have to pay them, it will be in processors or screens.

  • Are there even that many nickles in active circulation?

    • Adam Collins

      Yes, there are $1.25billion in nickels in circulation.

      • So for this to be true, they would have had to amass 84% of the actively circulated nickels…

        I’ll sell my nickels for $1 apiece!

  • Ruhal Hazim

    What they should do, if the decision sticks, is pay them in $0.05 checks, the entire amount… and tell Apple to come and pick up their payment.

    • Granddaddy OG

      A check for $0.05 a day for the rest of eternity. As long as Samsung owes them, Apple will never be broke

  • Scottyb112

    They shoulda went for pennies, and hired a bunch of fans to chuck them at all the execs cars and scooters, and then whack them as they walk out to see whats goin on…

  • EC8CH

    That’s the shiniest nickel I’ve ever seen!

    • Nicholassss

      I thought that too!

    • Yeah, it looks like all they did is search “US Nickel” on Google, it’s one of the first images that comes up. It’s definitely from a 2004 proof set though, judging by the condition and the fact that it has an S mint mark.
      (Yeah, I’m a coin nerd as well as a phone nerd)

  • wm snyder

    $10.00 Google Gift Cards! haha

    • George264

      OMG, this. Good sir, you made my day. I swear that would be even better than nickels lol. Even better, Samsung Hub gift cards lol.

      • WAldenIV

        Why not just give them $1.049 billion of the “infringing” devices?

  • I would be that guy, the one who would make it a point to make it as horrible as possible for the other party who is receiving.

  • Wes Watson

    would be the ultimate troll

  • wm snyder

    No no it’s for real it was on the Internet? I Lol

  • bobAbooey

    I had a dew friends that worked for a major collection agency in college. A few of them got sent milk jugs full of pennies to pay that months fee.

  • NemaCystX

    I think the nickel idea is a good one, make it painful on them as it is for samsung to have to make such a ridiculous payment.

    I still think the verdict is ridiculous, the jury was not allowed to change their opinion just because they thought the foreman was right since he had patent experience. to make it even worse, they weren’t allowed to make the verdict a punishment according to the instructions they were given but totally ignored. I think Apple paid the foreman off, well atleast I think its possible they did.

    I also could have sworn it was $1.04 billion since they had 2 million deducted from the Galaxy Tab 10 not infringing?

    • Dima Aryeh

      $1.049 actually, after 2 million was deducted.

      • NemaCystX

        Thats what I thought, Thanks!

  • id go swimming in all those nickles scrooge mcduck style

  • nightscout13

    Samsung will be fools if they don’t appeal. You give Apple a finger, they want an arm.

    • NemaCystX

      They need the arm so they can build there world dominating robot to count all the cash they have in the bank. /s

  • Mike Corbett

    Too bad this is not legit, figured it was not as there were proceedings and court things they wanted to take care of

  • jcorf

    Lolz all day long!

  • fodawim

    I still think my idea of giving Apple all pennies is better…

  • TimothyLMJR

    That PaperBlog is getting exactly what they want, make up a fake story, and hope other popular blogs link back to them saying it was a lie, when they knew it.

  • That’s good, since they are supposed to pay $1.05 billion.

  • Oh man, it’d be so awesome if they did this, though.

  • Liderc

    People actually believed this? The article even states it’s a joke…

    • michael arazan

      They iphone phanboys will believe anything related to apple unfortunately