Reportedly, Apple (AAPL) convinced a federal judge to dismiss a $308.5 million jury verdict it lost to a privately-held licensing firm, Personalized Media Communications LLC (PMC) for infringing a patent associated with digital rights management.
Rodney Gilstrap, U.S. District Judge stated that Personalized Media Communications LLC (PMC) intentionally delayed filing its application with the U.S. Patent and Trademark Office, in hopes to obtain a larger payout. Gilstrap informed that PMC’s delay lasted many years.
Based in Sugar Land, Texas, PMC claimed in its 2015 lawsuit that the FairPlay software used in Apple’s iTunes service and App Store to decrypt movies, music, and apps infringed its patent obtained in 2012. However, the judge accepted Apple’s defense of “prosecution laches,” which allows blocking a patent holder from enforcing a patent after an unexplained and unreasonable delay. Apple did not immediately respond to requests for comment.
Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.
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