Remains of the Day: Paydirt
Apple’s paying a big chunk of change to Samsung and the Swiss railway, but maybe it’s all a distraction from the main event: the iPhone 5S. The remainders for Monday, November 12, 2012 aren’t made of money.
The England and Wales Court of Appeal was not thrilled by the wording of the message Apple posted on its site in regards to its case with Samsung. Given that the court has decided that Apple’s apology was false and misleading, it has ordered Cupertino to pay for all of Samsung’s lawyer fees and has also slammed the company for a “lack of integrity.” Clearly, Apple should have used a post-it note instead.
Samsung hits Apple with 20% price hike: report (MarketWatch)
As if Apple’s not already giving enough money to Samsung, the South Korea-based company has reportedly jacked its price on a chip for the iPhone and iPad by 20 percent. It seems Apple couldn’t find a replacement provider for the part, and so has agreed to pay the increased price. At this point, Apple should probably just file for a joint checking account with Samsung.
Speaking of Apple paying out, the company reportedly handed over about $21 million to Swiss rail operator SBB for the rights to use their iconic clock face on the iPad. As a bonus, whenever the clock strikes the hour, a cuckoo will now pop out of the icon.
It’s been almost three weeks since Apple announced a new product, so it’s obviously time for rumors. The Chinese language newspaper Commercial Times claims that Apple will begin production of the iPhone 5S—you read that right, the iPhone 5S—this December. Because with the fourth-generation iPad following its predecessor by only six months, all reason is out the window.