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

FP Staff August 30, 2012, 12:53:57 IST

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”] 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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