Samsung’s value drops by $12 billion after court loss to Apple

samsung-vs-apple

In the aftermath of the Apple vs. Samsung verdict, everyone is trying to work out what it really means. Is Google’s Android platform really at risk now? Will Apple continue to sue everyone? How will Apple’s victory over Samsung affect you?

The $1.049 billion that Samsung has to pay to Apple is less than one percent of its revenue in 2011, but focusing on the award is to ignore the real cost of this loss for the South Korean company.

Samsung Electronics shares slumped 7.5 percent after the Apple victory. According to The Guardian that’s $12 billion in market value and it is Samsung’s biggest daily drop in nearly four years. A staggering 1.27m Samsung shares changed hands on Monday, although the share price recovered slightly before the Seoul market closed.

Early indications are that Samsung’s rivals, LG and Nokia, will benefit with share prices rising for both companies. However, other Android manufacturers like HTC and ZTE saw share prices drop as well. That could signal a loss of confidence in the platform. That could also be good news for Microsoft with a Windows Phone 8 launch on the horizon and Nokia as a partner.

While Samsung has fingers in a lot of pies in the consumer electronics industry, it is sales of mobile devices which have driven recent profits. A number of Samsung devices will probably now be banned after the Californian jury found the company had infringed six Apple patents. The hearing to decide on that is scheduled for next month. Samsung’s flagship Galaxy S3 was not included in the case, but there are obviously fears that Apple will now go after it and other devices in Samsung’s line-up.

Ultimately this loss may cost Samsung a lot more than the $1 billion that the jury awarded.

Product Review

Samsung’s Galaxy Book 2 is a Surface Pro alternative with one big advantage

The 2-in-1 form factor is clearly a big deciding factor for anyone looking to buy a new device, which is why Samsung is again getting in the action this year with the new Galaxy Book 2.
Home Theater

MicroLED vs. OLED: Two hot TV technologies battle for your dollars

Samsung claims its new MicroLED TV tech offers all the benefits of OLED without the drawbacks. Join Digital Trends to take a close look to see if MicroLED TV lives up to the hype, and where it could go in the future.
Mobile

Huawei Mate 20 Pro vs. Samsung Galaxy Note 9: Flagship fight

When it comes to stunning flagships, Samsung and Huawei are often the first names the come to mind. And the new Huawei Mate 20 Pro is no exception. So how does it compare to the Samsung Galaxy Note 9? We put the two to the test to find out.
Computing

Tired of choosing between Windows and Mac? Check out these Chromebooks instead

We've compiled a list of the best Chromebooks -- laptops that combine great battery life, comfortable keyboards, and the performance it takes to run Google's lightweight Chrome OS. From Samsung to Acer, these are the Chromebooks that really…
Mobile

LG V40 ThinQ vs. Samsung Galaxy Note 9: Can the V40 unseat the king?

The LG V40 ThinQ is packing a massive display and an incredible five lenses, making it a unique offering in the market. But is it better than the Galaxy Note 9, another phone with a huge display and great cameras?
Mobile

There are four versions of the Mate 20, but which one is the best?

Huawei revealed its full range of Mate 20 handsets, and it seems that there is a device that fits everyone's needs. We've compared all the options, including the Huawei Mate 20 Pro, the Mate 20 X, the Mate 20, and the Mate 20 Lite.
Mobile

Huawei is working on a 5G foldable phone, the Mate 20 X may be its template

Huawei is working on a folding 5G smartphone, according to the company's CEO, Richard Yu. He also provoked speculation the phone may have something in common with the massive Mate 20 X and its 7.2-inch screen.
Mobile

Keep your new Google phone pixel perfect with the best Pixel 3 cases

If you want your new Google phone to stay pixel perfect, then you should snag one of the best Pixel 3 cases. We've scoped out some of your best options so far based on different styles, levels of protection, and budgets.
Mobile

Master your new Google phone with these handy Pixel 3 and 3 XL tips

If you’re hunting for some Pixel 3 tips to help you get more from your Google phone, then you’ll find them right here. We’ve got tips for shortcuts, camera controls, and more. All these tips will also work for the Pixel 3 XL.
Mobile

The Google Pixel 3 and Pixel 3 XL are now available for purchase

Google's latest flagships, the Pixel 3 and Pixel 3 XL, are now official and we have all the details from the October 9 event in New York City and Paris. Here's everything we know about the Google Pixel 3 and Pixel 3 XL.
Mobile

The five-camera LG V40 ThinQ is now available from the major carriers

LG has finally taken the wraps off the new LG V40 ThinQ, the company's latest and greatest flagship phone that packs a whopping five cameras. Here's how to buy the new LG V40 ThinQ.
Mobile

Need a quick battery boost? Try one of our favorite portable chargers

Battery life still tops the polls when it comes to smartphone concerns. If it’s bugging you, then maybe it’s time to snag yourself a portable charger. Here are our picks of the best portable chargers.
Mobile

Google may charge up to $40 per Android device for app suite following EU ruling

Google announced that it will be charging Android device manufacturers in Europe a licensing fee to use its apps and services. The announcement is part of an effort to comply with new European Commission regulations.
Product Review

Huawei’s monster Mate 20 X makes the Galaxy Note 9 look small

The Huawei Mate 20 X has a 7.2-inch screen, but is surprisingly manageable to hold, yet still a little too big to carry around. Huawei’s pushing the phone’s ability as a mobile gaming handheld, challenging the Nintendo Switch.