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Apple to Samsung: Pay Us $2.525 Billion in Damages

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http://www.thevarguy.com – Apple (NASDAQ: AAPL) figures that $2.525 billion in damages is just about right to settle its high-stakes intellectual property (IP) battle with Samsung Electronics over patented technology used in the iPhone and iPad, according to published reports. And, in the latest round of the titanic battle, a German court Tuesday extended an existing ban against Samsung’s Galaxy Tab 7.7 to the European Union. Apple, in a partially edited, public filing with a federal court in San Jose, Calif., prior to the upcoming July 30, 2012, trial, claimed that Samsung “chose to compete by copying Apple,” (IT news)