This is the amount of the fine imposed by Texas courts on Apple in a patent dispute with Optis Wireless Technology and its related companies. On merit, the technology used by Apple in its iPhones, iPads and watches that allegedly infringes Optis patents is being discussed.
The value of the fine corresponds to 0.1% of the US$ 274.5 billion revenue of the company of CEO Tim Cook in 2020. And the profit obtained from the irregularity should also be evaluated. But it’s still a nice bite.
(Note published in issue 1236 of Dinheiro Magazine)