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Samsung Pays Apple $1B By Sending Truckloads of 5-Cent Coins–Hilarious, But It’s Not True

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bill-swift - August 30, 2012

So you might have heard by now that Samsung lost to Apple when the latter sued the former for patent violations. Long story short, Apple accused Samsung of copying designs that they smartly patented, and the jury found Samsung guilty of that accusation.

Aside from having to go back to the drawing board, Samsung has been ordered to pay $1 billion. Sounds like a pretty big amount--but you'd probably be surprised to hear that's just less than half of what Apple asked for in their suit.

Anyway, now that you've been brought up to speed, a couple of rumors began floating around yesterday about how Samsung was going to be paying Apple. This post suggested that they were going to pay the amount with 5-cent coins:

This morning more than 30 trucks filled up with coins of 5 cents arrived at Apple's headquarters in California. Initially,  the security company that protects the facility said it was diverted to the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung CEO explaining that  they will pay $1 billion dollars for the fine recently ruled against the South Korean company in this way.

It's funny, crazy-sounding, and 100% not true. A lot of people saw through the entire thing as a joke pretty quickly, while others were a bit slow on the uptake and actually believed that this was what Samsung actually did.

It was worth a couple of laughs, though.


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