Apple posts multi-million dollar bond to start Galaxy Tab injunction

Earlier this week Apple was granted an injunction against Samsung Galaxy Tab 10.1 in the United States. In order for the ban to take place the iPad maker would have to post a $2.6 million bond. Well, Apple wasted no time to post that bond, which allows the preliminary injunction to take effect according to Foss Patents:

“Apple didn’t hesitate to post its $2.6 million bond to protect Samsung against the possibility of a successful appeal, in which case the preliminary injunction would be found to have been improperly granted… the injunction has taken effect and Samsung must abide by it. Otherwise Apple could ask the court to sanction Samsung for contempt.”

For a company who pulls in billions of dollars a quarter, $2.6 million to protect Samsung from damages in case the injunction is found to be wrongly issued — is play money. Of course, the man behind Foss Patents believes that Apple “goes into this summer’s trial with a fundamentally stronger case than Samsung.” This from the guy who thought Oracle (who pays him) was in strong position against Google in its patent/copyright case.

That being said, continue to follow IntoMobile on any of the latest from this case, as we’re pretty sure this is only the beginning. Stay tuned.

[via 9to5Mac]

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