Monday, January 23, 2012

Apple $100 million in the hole thanks to HTC lawsuit, says report

Apple $100 million in the hole thanks to HTC lawsuit, says report

Apple is trying their hardest to run the competition out of town, but one report claims the company is gaining little from their global lawsuit rampage. In fact, it sounds like Apple hasn’t been shy about dipping heavily into their own bank account, perhaps to fulfill Steve Jobs’ wish of destroying Android. Dan Lyons of Newsweek is reporting that in Apple’s case against HTC alone the company has spent as much as $100 million.

Android Phone, Apple $100 million in the hole thanks to HTC lawsuit, says report