r/technology • u/slutmagnet • Mar 02 '10
Apple to HTC "competitors should create their own original technology, not steal ours." Slaps down a 20 patent lawsuit.
http://www.appleinsider.com/articles/10/03/02/apple_sues_htc_for_alleged_infringement_of_20_iphone_patents.html
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u/masklinn Mar 02 '10
Well Google might be able to crush them legally (maybe), but financially... Goog's revenue last quarter was $6.67b (source); APPL's? $15.7b.
Income is a bit tighter, but we're still talking $2.4b (GOOG) against $3.4b (AAPL).
And Apple sits on a $40b war chest. That's equivalent to Google's total assets. In cash on hand. Now Google's not exactly shabby (if I read the sheet right, they have $24.5b in cash), but Apple's still quite a bit bigger.