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And welcome back everybody a big verdicts.
In the technology world this past Friday after a year of scorched earth litigation a jury decided Friday that Samsung.
Ripped -- the innovative technology used by apple to create its revolutionary iPhone and iPad so what does this mean.
For Samsung going forward joining me now we've got to folks on this topic.
And we have violent scene we've got Roy H two way he's the managing editor techno buffalo and -- -- -- -- she's the author of descendents social media marketing what I have welcomed both the view and -- a necessary to you on this thing.
Tell me what does this mean for Samsung going forward.
Well oh billion dollars is no small sum of money but for Samsung.
-- By taking a lot of -- design and a lot of the technology behind the -- They've actually caught up significantly.
In terms of market share they lead -- mobile phone industry.
It doesn't really.
And mean much for a company that's worth.
20300 times more than a billion dollars.
-- for them the future looks bright and this judgment.
-- it may be just small setback but in terms of their overall growth they seem to be going at a faster speeds faster pace than half.
OK so if in fact you mean that you -- mentioned the future of Samsung and -- think that they won't be.
-- going forward do you think though that going forward they would have to redesign their Smartphone phones.
They've already gone through that process doing so they've release the Samsung galaxy S three.
Probably one of the best phones out there currently and it may actually be a little better than what we propose as the iPhone 5.
It is a great phone and terms of design and it doesn't look anything like the iPhone.
And it's it's the future it is what that design team looks to go ahead and do it looks great.
Do you have -- I -- I'm using it right now.
You know because of folks who have that they say oh they're huge actually.
They got -- have you can see me but I have gotten to it and I'm not -- but I'm also met girls -- -- mumbled I'm nine people.
Opportunity purchaser here -- that world but I actually like it as well but doesn't make -- -- story.
Evidence is talking about the design because they're will be bigger than the iPhone and that's -- the iPhone folks they like to.
-- on that but let me bring Chama into the conversation.
Eat in you know Roy is very convinced that this is not gonna hurt the bottom line for Samsung I ask you go do you think it's.
Embarrassing on some level.
It is and there's two types of bottom lines today right of the financial bottom line but there's also this public perception bottom line.
What are people saying what are they thinking -- -- -- going to precede the Samsung brand moving forward.
Not certainly take -- hit a situation like this where company gets called out and says look.
-- stuff wasn't as an immediate because you took it from another company -- that's something that they're going to have to work take to move forward front.
So do you think though that apple will continue to dominate the tech world -- I Apple's a big player and -- here is David it's full of very cyclical you always have new players you always have.
Ups and downs and still -- Google become a big company in any companies aren't gonna sit on the sidelines and do nothing.
Apple is is the tech darling of the moment -- OK since you went ahead and you that we -- you know kind of phone that -- has you know trying to I have with phone do you have.
I I do have a -- son did okay but again we're all very fair about it means nothing we're just talking right guys.
That -- -- let's let's talk plays a big deal this this this case here.
Do you think that we could see more companies -- filing similar lawsuits against each other Roy.
Oh definitely and you look at the way that these companies are strategizing.
A lot of these larger phone manufactures and and and operating system developers are going in in purchasing companies.
For the purpose.
Pending lawsuit itself Google amount purchased Motorola Motorola as we know as one of first cell -- developers.
And they've gotten out and purchased Alfie patten's outright on Lotta times company's locals going to purchase the portfolio patents.
But a lot of times will also go -- just by the company wholesale just for the purpose of protecting themselves I'm not only in terms of the patents that they own.
But in terms of other patents that they don't own so they can use -- as leverage for future negotiations.
Well up it's related -- -- -- view that a couple of items here from our chatters at this when both of them from can you read this.
Saying I will buy a Samsung equipment says since it is a lot cheaper than apple and I now know they had apple text Apple's technology.
Apple wins one billion dollar verdict -- Samsung what does this mean for a tech -- social media and -- consumer nothing prices will remain high.
Johnny wouldn't comment on that before we go.
I think it's interesting and only time will tell because -- and it'll be interesting to see -- -- has the full certain products.
It's a big market place -- -- price does factor in when consumers are making their decisions.
Roy final comments from you.
-- exposed for every price strange apple makes one phone.
So I think Samsung just as able to get a larger market share it and then out.
Roy until way that is the final word sound like a body thinks stability review good to see -- -- you haven't yet again rest of the day.
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