Samsung Pays Apple $1 Billion Sending 30 Trucks Full of 5 Cents Coins

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Samsung Pays Apple $1 Billion Sending 30 Trucks Full of 5 Cents Coins

2012-08-28

This morning (2012-08-28) more than 30 trucks filled with 5-cent coins arrived at Apple’s headquarters in California. Initially,  the security company that protects the facility said the trucks were in the wrong place, but minutes later, Tim Cook (Apple CEO) received a call from Samsung CEO explaining that  they will pay $1 billion dollars for the fine recently ruled against the South Korean company in this way.

the funny part is that the signed document does not specify a single payment method, so Samsung is entitled to send the creators of the iPhone their billion dollars in the way they deem best.

This dirty but genius geek troll play is a new headache to Apple executives as they will need to put in long hours counting all that money, to check if it is all there and to try to deposit it crossing fingers to hope a bank will accept all the coins.

Lee Kun-hee, Chairman of Samsung Electronics, told the media that his company is not going to be intimidated by a group of “geeks with style” and that if they want to play dirty, they also know how to do it.

You can use your coins to buy refreshments at the little machine for life or melt the coins to make computers, that’s not my problem, I already paid them and fulfilled the law.

A total of 20 billion coins, delivery hope to finish this week.

http://en.paperblog.com/samsung-pays-apple-1-billion-sending-30-trucks-full-of-5-cents-coins-294795/

In the end look like this news just joking on Apple and Sumsung argument.

[isanbirder]

Those who are having a problem to clear their one-baht coins.... bear this in mind.  Utilities, rent....

I don't think it would be legal to refuse to accept them (as it obviously wasn't in US).  25 and 50-satang coins are another matter.  First of all, it would be difficult to accumulate enough (I've paid 10-baht-worth to EGAT before now)... and even the banks refuse to accept them.  Krung Thai tried this on me, but I said, "You're a Government Bank, and this is Government-issued money;  you have to accept it."  The manager intervened, and told the teller to take it.

[dundeemk6]

Just beautifull ... I tip my hat to Samsung management ... they setlle their debt immidiately and gain a lot of face and unpaid publicity ... genial ...

[Prakhonchai Nick]

I think you will find that this is a hoax.

20 billion 5 cent coins would need many more trucks that mentioned. And not only do  I doubt there are that many available, but how long would it have taken Samsung to count them out in the first place,

Nevertheless Samsung have won the day as regards face.

[isanbirder]

I think you will find that this is a hoax.

20 billion 5 cent coins would need many more trucks that mentioned. And not only do  I doubt there are that many available, but how long would it have taken Samsung to count them out in the first place,

Nevertheless Samsung have won the day as regards face.

I'm sure it's a hoax... but a great idea.  BTW, you wouldn't count them;  you'd weigh them.

[Prakhonchai Nick]

With 20 billion coins, it would be almost impossible to weigh them accurately.