Go Back  The Hull Truth - Boating and Fishing Forum > BOATING FORUMS > Dockside Chat
Reload this Page >

Samsung pays 1 billion fine to Apple in nickels

Notices

Samsung pays 1 billion fine to Apple in nickels

Old 09-01-2012, 06:14 AM
  #1  
Senior MemberCaptains Club Member
Thread Starter
 
ufg8rmike's Avatar
 
Join Date: Jun 2005
Location: FL
Posts: 1,692
Default Samsung pays 1 billion fine to Apple in nickels

30 truck loads of 5c coins! Not sure why the photo shows pennies though


http://www.zurmat.com/2012/08/29/sam...-5-cent-coins/
ufg8rmike is offline  
Old 09-01-2012, 06:21 AM
  #2  
Admirals Club Admiral's Club Member
 
ol guide's Avatar
 
Join Date: Mar 2012
Location: Baja Sur
Posts: 6,944
Default

the 2012 geek corporate equivalent of " neener-neener" what a load of childish bull squirt.
ol guide is offline  
Old 09-01-2012, 06:23 AM
  #3  
Senior MemberCaptains Club Member
 
Join Date: Jun 2001
Location: CT
Posts: 18,350
Default

Best info I could find is that there are 25 billion nickles in circulation - did they really get 20 billion nickles?
LI Sound Grunt is offline  
Old 09-01-2012, 06:23 AM
  #4  
Admirals Club Admiral's Club Member
 
ol guide's Avatar
 
Join Date: Mar 2012
Location: Baja Sur
Posts: 6,944
Default

they paid in Korean coins dude
ol guide is offline  
Old 09-01-2012, 06:30 AM
  #5  
Senior MemberCaptains Club Member
 
Join Date: Jun 2001
Location: CT
Posts: 18,350
Default

Originally Posted by ol guide View Post
they paid in Korean coins dude
i see - splains a lot..
LI Sound Grunt is offline  
Old 09-01-2012, 06:50 AM
  #6  
Admirals Club Admiral's Club Member
 
Join Date: May 2008
Location: Philadelphia
Posts: 5,071
Default

http://www.snopes.com/politics/satire/samsung.asp


I still remember when a friend lost a $20 bet to another buddy. He took a glass mayo jar put $20 worth of quarters in it, added a little spray foam, shook it up and brought it out the next time we went drinking.
bjm9818 is offline  
Old 09-01-2012, 06:54 AM
  #7  
Senior MemberCaptains Club Member
Thread Starter
 
ufg8rmike's Avatar
 
Join Date: Jun 2005
Location: FL
Posts: 1,692
Default

Originally Posted by ol guide View Post
they paid in Korean coins dude
Even better, 20 bil in Korean coins delivered to headquarters in California. Lol
ufg8rmike is offline  
Old 09-01-2012, 07:07 AM
  #8  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Nov 2005
Location: Central Jersey
Posts: 7,961
Default

It's TRUE! I read it on the internet!
t3rockhall is offline  
Old 09-01-2012, 07:16 AM
  #9  
Senior Member
THT sponsor
 
captain nate's Avatar
 
Join Date: Sep 2010
Location: Bradenton Florida
Posts: 8,503
Default

f
a
k
e
captain nate is offline  
Old 09-01-2012, 07:19 AM
  #10  
Senior MemberCaptains Club Member
 
Join Date: Aug 2004
Posts: 9,655
Default

It's being appealed the last I heard.

20 billion coins, no way. This is pure foolishnesss.
My Gal is offline  
Old 09-01-2012, 07:30 AM
  #11  
Admirals Club Admiral's Club Member
 
ol guide's Avatar
 
Join Date: Mar 2012
Location: Baja Sur
Posts: 6,944
Default

its just a joke. they didnt pay in coins...) Samsung's fine ($1.049bn) isn't yet payable; the judge hasn't ruled. All we have is the jury's verdict. The judge's decision, which could include a tripling of the fine, is due on 20 September (or possibly 6 December now; it's unclear). Until then, Samsung only has to pay its lawyers. That should be less than $1bn.
ol guide is offline  
Old 09-01-2012, 09:03 AM
  #12  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Nov 2005
Location: Central Jersey
Posts: 7,961
Default

Originally Posted by ol guide View Post
...Until then, Samsung only has to pay its lawyers. That should be less than $1bn....
Not if the lawyers have anything to say about it.
t3rockhall is offline  
Old 09-01-2012, 09:20 AM
  #13  
Senior Member
 
Join Date: Oct 2009
Location: Ft Lauderdale Fl
Posts: 5,990
Default

Does the word gullible have any meaning?
bumster is offline  
Old 09-01-2012, 09:32 AM
  #14  
Senior MemberCaptains Club Member
 
Join Date: Jun 2001
Location: CT
Posts: 18,350
Default

http://www.snopes.com/politics/satire/samsung.asp
LI Sound Grunt is offline  
Old 09-01-2012, 09:34 AM
  #15  
Admirals Club Admiral's Club Member
 
ol guide's Avatar
 
Join Date: Mar 2012
Location: Baja Sur
Posts: 6,944
Default

Originally Posted by t3rockhall View Post
Not if the lawyers have anything to say about it.
funny!!!!....but too true!
ol guide is offline  
Old 09-01-2012, 10:03 AM
  #16  
Senior MemberCaptains Club MemberPLEDGER
 
Join Date: Feb 2003
Location: Thornton's Ferry,NH,USA
Posts: 10,655
Default

Under US currency laws you can't refuse debt payment made in US currency but there is a maximum amount that you have to accept in "small change," above that you can insist the rest be paper/cash. I forget the amount but it's somewhere in the neighborhood of $3.

It's most likely that Samsung will pay by check so they won't have the expense of counting, securing and transporting that much material. Any major expenses incurred by a plaintiff in obtaining the award would probably be added as a summary judgement by the court. It might also be considerred as contempt of court if the defendant made it too onerous for the plaintiff to receive their damages.

Anyway... That's my opinion after sleeping at a Holiday Inn Express, once.
Kamper is online now  
Old 09-01-2012, 12:04 PM
  #17  
Senior Member
 
Join Date: Nov 2005
Posts: 10,223
Default

Even if they did you can count it by weight and a bank will take it without problem, picture the bank loseing an account like Apple's?
08087 is offline  
Old 09-01-2012, 12:58 PM
  #18  
Senior MemberCaptains Club Member
 
Join Date: Feb 2003
Location: Chapel Hill and PKS, North Carolina
Posts: 6,577
Default

It would take a lot more than 30 trucks. I am thinking
1,000,000,000.00 (dollars) X 20 (nickels per dollar) X 5 grams per nickel) divided by 454 (grams per pound) = 220,264,317.10 pounds.

How many trucks to carry 220.26 million pounds at 40,000 lbs each? 5,507
glacierbaze is offline  
Old 09-01-2012, 03:01 PM
  #19  
Junior Member
 
Join Date: Feb 2012
Posts: 11
Default

I think they should pay in wampum!
Brandonrol is offline  
Old 09-01-2012, 07:35 PM
  #20  
Senior MemberCaptains Club Member
Thread Starter
 
ufg8rmike's Avatar
 
Join Date: Jun 2005
Location: FL
Posts: 1,692
Default

I just post it and let the THT gods sort it out. Lol
ufg8rmike is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Thread Tools
Search this Thread