One of the landmark battle between the two giants of Silicon Valley just concluded, Samsung Vs Apple. Samsung is now ordered by the court to give Apple $1.05 Billion in damages over patent violations. The jury also found that Samsung willfully engaged in the patent infringements, which definitely drove up the cost of damages.

Apple issued a statement to The New York Times, obviously very pleased with the verdict:

We are grateful to the jury for their service and for investing the time to listen to our story and we were thrilled to be able to finally tell it. The mountain of evidence presented during the trial showed that Samsung’s copying went far deeper than even we knew. The lawsuits between Apple and Samsung were about much more than patents or money. They were about values. At Apple, we value originality and innovation and pour our lives into making the best products on earth. We make these products to delight our customers, not for our competitors to flagrantly copy. We applaud the court for finding Samsung’s behavior willful and for sending a loud and clear message that stealing isn’t right.

SamsungVsApple

Samsung says that today’s verdict should be viewed as a loss for the American consumer:

Today’s verdict should not be viewed as a win for Apple, but as a loss for the American consumer. It will lead to fewer choices, less innovation, and potentially higher prices. It is unfortunate that patent law can be manipulated to give one company a monopoly over rectangles with rounded corners, or technology that is being improved every day by Samsung and other companies. Consumers have the right to choices, and they know what they are buying when they purchase Samsung products. This is not the final word in this case or in battles being waged in courts and tribunals around the world, some of which have already rejected many of Apple’s claims. Samsung will continue to innovate and offer choices for the consumer.

Apple was seeking $2.5 billion in damages, while Samsung’s was demanding $500 million in its counter-suit.