Company newsAAPL
Explain this story: Apple has been ordered to pay a record $5.7 billion in a case concerning a patent for haptic feedback technology
Explain like I'm 7
A jury said Apple must pay another company over $5.7 billion because Apple's phones and watches use a vibration idea that wasn't Apple's. Apple says this is wrong and plans to fight it.
Other · Jury orders $5.7 billion patent infringement paymentУкраїнські Національні Новини (УНН)Sector and industry: TechnologyConsumer ElectronicsTell me moreShow less
Explain like I'm 7
A jury said Apple must pay another company over $5.7 billion because Apple's phones and watches use a vibration idea that wasn't Apple's. Apple says this is wrong and plans to fight it.
What happenedFrom the article
- A U.S. jury ordered Apple to pay Taction over $5.7 billion.
- The award is for infringing two patents related to haptic feedback technology used in the iPhone and Apple Watch.
- Apple plans to appeal, saying its Taptic Engine differs from Taction's technology.
- The award is described as the largest of its kind in U.S. history.
Why investors careOur explanation
A large legal judgment like this can create a cost the company may have to pay, though an appeal can delay or change that outcome. Patent disputes can also affect how a company is allowed to design its products going forward, which can touch future costs or product features.