Samsung patent case, and Apple is probably pretty miffed it was awarded only $120M this time, since lawyers for the company requested billions in damages. FORTUNE may receive compensation for some links to products and services on this website. Apple initially demanded Samsung pay $2.5 billion when the lawsuit began in 2011, but that figure was reduced to less than $1 billion in the initial 2012 verdict in Apple’s favor. Quotes delayed at least 15 minutes. REPORTS that Samsung paid Apple a $1 billion fine in coins is a complete internet hoax. There's a rumour doing the rounds on social media that when Apple won the mutual patent infringement case with Samsung, the South Korean firm tried to pay its $1 billion fine in nickels It's also near physically impossible. The U.S. Court of Appeals for the Federal Circuit ruled that Samsung does not owe Apple $120 million after overturning an earlier ruling. The South Korean company hopes the court will provide some guidance on the scope of design patents and the damages allowed. Offers may be subject to change without notice. Staff Writers. A California jury ordered Samsung to pay Apple nearly $539 million as financial damages for copying patented design and utility features on the original iPhone in its own phones. On August 24, 2012, South Korean company, Samsung was ordered via a court ruling to pay rival Apple $1.05 billion after it was found to have “willfully infringed” on several of Apple’s patented devices. And it might have another case go to the Supreme Court.

Detailed Analysis. Samsung takes Apple patent battle to US Supreme Court.

No, Samsung didn't pay Apple $1bn in coins. This morning more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. [Reuters]

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