Jury orders Apple to pay $533 million in iTunes patent case

From CNET: Apple has been ordered to pay $533 million in damages after losing a patent lawsuit case tied to iTunes.

A federal jury in Texas found Tuesday that Apple infringed on three patents held by patent licenser Smartflash, Bloomberg reported. The patents in question concern digital rights management and other inventions related to data storage and payment systems. Smartflash had accused Apple of intentionally using its patented inventions in iTunes.

Smartflash makes no products of its own but acts simply as a patent holder and licenser. Such firms are often labeled patent trolls for their propensity to file lawsuits against major companies that they accuse of patent infringement.

Apple said it would appeal the decision, Bloomberg reported.

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