By John Gruber
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Dan Levine and Edwin Chan, reporting for Reuters:
Accountant Terry Musika, citing Samsung records and testifying as an Apple expert witness, estimated that $8.16 billion in revenue, or 22.7 million of those total unit sales over that two-year period, came from products that infringed Apple patents, such as the first Galaxy S smartphone in July 2010. Samsung earned roughly 35.5 percent gross profit margin on that revenue, between June 2010 through March 2012, Musika said.
“It’s not me sitting at a desk with a calculator,” Musika, a former KPMG and PriceWaterhouseCoopers accounting partner, told the court.
“There are literally hundreds of millions of calculations,” he said, adding that it took more than $1.75 million to employ a team of 20 programmers, accountants, statisticians and economists to work out damages over a plethora of gadgets.
$1.75 million just to tabulate the damages.
★ Monday, 13 August 2012