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Not really: Samsung didn't pay Apple $1bn in 5 cent coins
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  • Not really: Samsung didn't pay Apple $1bn in 5 cent coins

Not really: Samsung didn't pay Apple $1bn in 5 cent coins

FP Staff • August 30, 2012, 12:53:57 IST
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According to the rumour mills, the story goes that Samsung supposedly tried to pay Apple its $1bn fine by sending more than 30 trucks to Apple’s headquarters loaded with 5-cent coins. The story while funny is not true.

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Not really: Samsung didn't pay Apple $1bn in 5 cent coins

The Apple-Samsung verdict has sparked a meme that has become a full fledged story. According to the rumour mills, the story goes that Samsung supposedly tried to pay Apple its $1bn fine by sending more than 30 trucks to Apple’s headquarters loaded with 5-cent coins. Apple security was stunned. Apple chief executive Tim Cook, then got a call from Samsung who told him this was how they were paying the billion-dollar fine. Very funny, but sadly not  true. The story which might have started out as meme on 9Gag.com, gained credibility with people sharing the story all over. According to Gizmodo, it appears to have been started out by a Mexican website, El Deforma, which is a satire website. But people obviously thought it was real and that Samsung had become the world’s biggest troll by doing that to Apple. [caption id=“attachment_436465” align=“alignleft” width=“380”] ![](https://images.firstpost.com/wp-content/uploads/2012/08/Apple_Samsung_logo_AP2.jpg "Apple_Samsung_logo_AP") AP[/caption] After that many tech websites were forced to come out and say that it was a hoax indeed. The Guardian did a complete analysis of how it was not possible for Samsung to pay the fine in 5 cent coins. Others pointed out that it would require a lot more than thirty trucks to carry so many coins. It needs to be remembered that Samsung’s $1.049 bn fine could go up if Judge Lucy Koh decides so on 20 September or 6 December. The $1 bn fine was decided by the jury and the Judge can increase the amount in the post-trial proceedings.

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