Ina Fried / Re/code:
An Apple-hired damages expert on Tuesday told the jury that the iPhone maker is owed $2.19 billion in damages for infringing five patents between August 2011 and the end of 2013.
MIT-trained economist Chris Vellturo said the damages are a mix of Apple’s lost profits during the time as well as a reasonable royalty for Samsung’s use of Apple’s technology on the remainder of the more than 37 million phones and tablets that are accused of infringing Apple patents.
