Samsung not only lost the courtroom brawl to Apple but lost heavily as its market value reduced by as much as 7.5 percent, that’s $12 billion. Samsung’s biggest single day drop in nearly four years. A staggering 1.27 million Samsung shares changed hands on Monday. While Apple’s shares soared to a record high of $680 which increased the company’s market cap to $637 billion. Google said on the decision that the patent infringement pointed out in the case ’don’t relate to the core Android operating system.‘, effectively distancing Android and itself from the case. Its true when they say
To the victor go the spoils.
