Court orders Apple to pay $234 million to University of Wisconsin in patent suit

Following a court decision earlier this week that found Apple had infringed upon a patent owned by the Wisconsin Alumni Research Foundation (WARF), a jury has ordered Apple to pay out $234 million in damages. From Reuters:

A U.S. jury on Friday ordered Apple Inc (AAPL.O) to pay the University of Wisconsin-Madison's patent licensing arm more than $234 million in damages for incorporating its microchip technology into some of the company's iPhones and iPads without permission.

The final damage amount totals far less than the original $862 million that WARF was said to be pursuing. Apple said it will be appealing the decision, so there's a chance we could see that amount shift even more before all is said and done.

To recap, WARF brought its case against Apple in January of 2014, alleging that the company's A7, A8, and A8X processors infringed upon a patent for a "predictor circuit" developed by a University of Wisconsin researchers. WARF has also filed another suit against Apple for using the same technology in its latest A9 and A9X chips.

Source: Reuters

Dan Thorp-Lancaster