Apple’s recent win against Samsung Electronics Co., Ltd. (LON:BC94) was beneficial for the company but it might not be so good for their pocket book. According to the Telegraph, the US court recently asked the tech giant to publicly disclose their profit margins and sale earnings.
Although Apple Inc. (NASDAQ:AAPL), does share their unit sales for specific products every quarter, they never report the profits made from each iPhone they sell. The company reasons that it would give their competitors more fuel against them.
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Judge Lucy Koh recently explained her ruling as, “Apple has not established that public availability of its product-specific unit sales, revenue, profit, profit margin, and cost data would actually provide its competitors with an advantage.”
Although Apple Inc. (NASDAQ:AAPL) seems content in maintaining their position, the US courts will have the final say regarding the matter.
Things could get pretty interesting if Apple Inc. (NASDAQ:AAPL) continues to avoid the issue, but it would be a better move if they worked with Judge Koh. Hopefully, they will follow the prompt and publicly disclose their profit margins. The sooner they proceed, the quicker the whole ordeal should end.
Judge Koh won’t unseal the documents until the order is viewed by the United State Court of Appeals for the Federal Circuit.
Reuters shared their concerns over the media and public access, that’s why they have hired their own attorney to intervene with the case.
In other Apple vs. Samsung news, the former lost their copyright appeal to the latter. According to the Britain Court of Appeals, Samsung’s Galaxy tablet did not infringe on Apple’s iPad because it wasn’t nearly as “cool”.
Despite the zinger, Samsung Electronics Co., Ltd. (LON:BC94) was more than happy with the decision saying, “We continue to believe that Apple was not the first to design a tablet with a rectangular shape and rounded corners.”
Apple Inc. (NASDAQ:AAPL) could take their case to the Supreme Court.