Report: Apple Inc. (AAPL) Is Spending $200 Million Per Year To Fight Android Lawsuits
Apple Inc. (NASDAQ:AAPL) is spending around $200 million per year to fight Android as part of patent lawsuits, according to the new book Dogfight: How Apple And Google Went To War And Started a Revolution by Fred Vogelstein. Vogelstein made the estimate based on an attorney that worked on Apple’s patent lawsuit against Android.
Vogelstein has reported that Apple Inc. (NASDAQ:AAPL) has 300 attorneys at four law firms that are working on the Android patent lawsuits almost full-time. Apple Inc. (NASDAQ:AAPL) has around $150 billion in cash and had $9.9 billion in free cash flow last quarter. Apple Inc. (NASDAQ:AAPL) made a patent deal with HTC, which is estimated to hit around $200 million per year. That alone could cover their patent attorney fees.
“Apple thought a nasty, protracted lawsuit might slow Samsung’s and Android’s progress,” stated Vogelstein. However, this has not happened because Android now has an 81% smartphone marketshare and Samsung is the world’s largest smartphone company.