Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins

· September 6, 2012

This morning 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 docu*ent does not specify a single payment method, so Samsung is enti*led 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. There is only one way to sum this story up CLASSIC!

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Discussion74 Comments

  1. Wow smh LOL. **Apple management voice**….”maaan….this some bullshit”

  2. Be Ez says:

    check your facts…. not true

  3. Tony Money says:

    proven to be false

    • Dah says:

      Proven by who?

      • Biz says:

        Proven by common sense, you moron.

        First, the fine isn’t payable yet and Samsung would just petition to overturn the ruling.

        Second, Apple could simply just tell the judge that won’t accept payment in coins since there is no Federal statute mandating that a private business, person, or organization must accept currency or coins as for payment for goods and/or services.

        • rec says:

          coins are legal tender, and lawfully have to be accepted as payment for any debt, public or private. As to the legitimacy of this article, I’m sure it’s false. But the simple fact remains that Apple would have to accept the payment, or forfeit the fine completely. That is another law, as $1billion is a reasonable payment on a debt of $1.05 billion.

          • Nateh says:

            You could also pay in 1 cent post stamps as they are also Legal US Tender.

          • td says:

            No, banks must accept all forms. Private entities do not. Check it.

          • Biz says:

            It’s legal tender, but there is no mandate for merchants and businesses accepting coins as payment for debts. Apple would be in their right to petition the judge to deny Samsung coins as a form of payment.

            Title 31 , Subtitle IV, Chapter 51, Subchapter I, Section 5103 of the United States Code states:

            “United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues. Foreign gold or silver coins are not legal tender for debts.”

            What this statute means, in the words of the United States Treasury, is that United States currency is a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal law mandating that a person or organization must accept currency or coins as for payment for goods and/or services.

        • nano says:

          + that’s 20 Million nickles there aren’t that many nickles in circulation let alone all in one spot.

      • Sharon says:

        Last time I checked a 5 cent coin was a nickel and the color of that nickel was silver. The picture shows a golden or copper color…so most definitely the picture is bogus

  4. What? I would been mad as hell. If it’s true or not?

  5. Mike Lowrey says:

    I’d take my billion however it came

  6. ryu says:

    if i was a manager at apple i’d laugh like hell at the fact they actually got over me with the coin bullshit but i’d also be more than pissed off

  7. gogetit says:

    Can’t believe you posted this false story.

    • PapiChulo says:

      Is it really false, havnt checked but if its true i fcuk with samsung

      Apple Full of shiit the iphone and apple are nothing but blue collar theives, they make non of their components, Samsung made their old screens , Sharp makes the new ones, and other components are outsourced.

      Even though samsung is a blantant mimick of iphone, The iphone really does nothing new, it just does it better.

      • Nate says:

        You mean “white collar thieves”. The blue collar workers at apple would be the chinese workers who build the products.

      • TurboFool says:

        Considering the case has another year of appeals left in it, easily? Yes, it’s false. Also the payments will likely end up coming in all sorts of other forms including stock deals, contracts, and other oddities.

      • Christophe H. says:

        dude you do know that apple makes none of their stuff. samsung MAKES the iphone, Ipad, Ipad components. so therfor samsung makes the Ipad, Ipod and Iphone. who who’s actually stealing for who (if you think bout it :P)

        the only thing that apple created is the crappy ass Itunes wich sucks donkeyballs.

        also the lawsuits that apple throws each time at samsung is a blatant retarded move. they WORK together and therefor the lawsuits are just a waste … i dont even understand why samsung keeps on working together with apple.

        and no samsung didnt steal the ihpone, they used it and made it better. samsung galaxy is by far better then an Iphone. so they should stop their wihing and leave the whole thing be.

        apple stole the touch screen idea from the handpalm (10 years ago) smartphone from well all the other other smartphones, MP3 from the MP3 that where out for years and they jus added an Itunes to make sure that you cannot send you’re music to none iphone users.

        so every new thing is being used later on be the new things that comes out a year or 5 years later so meh.

        • mike says:

          apple didn’t make iTunes, they bought iTunes.

        • Shaun Antle says:

          The use of “retarded” shows your lack of competency in what you profess to know. Just a thought, some people see that word as very offensive. As for apple and Samsung, lol all of you are ridiculous to even argue things you don’t know unless you work there, this proving the insignificance in your lives to have to judge that which you do not truly know… Regardless of the validity of your truth… Unless you work for or are involved in the situation. Who cares! Just something else for you to talk about as if you are somebody important in the situation… Spend your time learning instead of complaining!

          • Dumb People Pretend to be Smart says:

            What a self important douche. This kind of lack of self-awareness and hypocrisy is laughable. You don’t realize that your comment’s actually the dumbest on this page, do you?
            Guess what, hypocrite: you’re on the same page as the people you’re trying to offend for reading and discussing this page. And they’re not only allowed to discuss it, but a sign of intelligence is willingness to learn and interest in a broad spectrum of things. This includes pop-culture, current events, and even reading fake news stories for humor.

            Oh, and it’s common knowledge that “retard” is a word taken offensively by the soft and phony: That’s exactly why we use it.

            Seriously though, unintelligent wannabe try-hards like you that “put people down” for talking about something.. You just display yourselves as retards for all to see. Get over yourself and stick to the topic little one. *Stupid shits that pretend to be smart online* sigh..

      • AreYouForReal says:

        Like seriously?

        Apple played a major role in creating something the world has benefited from. Whether you like their product or not, if people pay for it, it is for a reason.

        I don’t get why there are always these dumb people who are against anything and anyone successful. What have you made to impact the world? talk non sense?

        Who cares if they make their own products or outsource it? Maybe their primarily focus is design because any Asian country can produce and this is why you end up paying less!

        They add nothing new to the Iphones? Who told you that? Do you own an Iphone?.. All i know is that before Iphone got introduced, phones were super dull, ugly and UN-efficient!

        Stick with what you do best (besides complaining about Apple)

  8. PapiChulo says:

    http://tech.fortune.cnn.com/2012/09/06/samsung-did-not-try-to-pay-apple-1-billion-in-nickels/

    Yeah STORY IS FALSE, they said it would take close to 3000 trucks to do so and on top of that the weight would far exceed maximum load, would still have been a funny story though if it had been true

  9. presto 2.0 says:

    But anywayz…

    **Prest Stapels Banner on random posts**

    “Vote Bp’s Ayisha Diaz…Model of the Year”

    “Vote Bp’s Own Maliah…Model of the Year”

    lol

  10. TYBO2020 says:

    LOL..AND THEM SH!TS FOREIGN COINS..LOOKING LIKE GOLD PENNIES..

  11. Chip says:

    The photo is obviously of cents, not 5 cents coins. The copper color is a dead give away.

  12. M.J.AZAM says:

    Tit for Tat. But can’t digest it. 30 turcks won’t be sufficient.

  13. Jason says:

    Just call em SamSlug! This goes to show how deliberate the executive staff are. They were found “guilty” by a jury. This act only proves how juvenile the execs are.

  14. Mark says:

    I remember a small business paying a utility bill this way a while back, and then was successfully sued for it, the courts considered it a retalitory gesture, and caused undue hardship for the recipient to verify that the payment was correct & in full upon delivery. I’m not a lawyer, but I smell more legal moves!

  15. Jlee says:

    This retarded story is a geek troll

  16. RCS says:

    Yeah how does Samsung make that call. Ugh ugh City Bank I need 1 billion dollars in nickels tomorrow; I will send 30 trucks thanks.

  17. JW says:

    If the story is true, Samsung–bunch of sore losers. They can’t come up w new ideas, they have to steal from others. Although copying is a form of flattery, there is a fine line.

  18. vj says:

    Why count, weigh them and find out how many coins are there :)

  19. RJS says:

    I knew this was a fake story. I live in Korea. Koreans, especially 이건희 (lee gun hee), are not that creative. A sense of humor is beyond most of the Koreans I know.

  20. NA says:

    Buuuuuuullllllll Shiiiiiiiiieeeeeeet

  21. JAS says:

    True or not, THAT’s FUNNY!!

  22. Frank Frazitta says:

    If this is true, I will never buy a Samsung product. If a company of this so called stature has to resort is this type of tactic, who knows what else they are capable of…..which means their products bear scrutiny.

  23. Ishanga says:

    Samsung should have sent some bananas too for the bastards !

  24. Laurent KK says:

    Too bad for Samsung. In long hours counting all that money, Apple could develop some new features that Samsung can copy/paste for their phones…

  25. Danny Uzice says:

    Samsung……%^$%$% up…..like a boss!

  26. Tomas Falk says:

    It’s Fake!

  27. thabo says:

    i find this interesting, both brands did a good job but only to find out that apple came out first on this i phone of which apple claims that samsung copied the structure and most features on the phone.

    however they both making good cash. all i need to know is this storie true or false?

  28. Richard says:

    what surprises – and saddens – me most about this is the number of people commenting on this without considering having a look at the comments already posted.

    If you’re only going to say something that 20 other people have pointed out, what the hell is the point?

    this is what is so frustrating about 90% of the internet right now, people commenting on and/or reposting stuff without taking a single moment to consider whether they’re actually adding to the sum total of human knowledge or just destracting from it

  29. Marco Prado says:

    Now you guys from APPLE could be nice and donate the loose change for charity… lol

  30. Rick says:

    Assuming that a nickel weighs 2.5 grams (which it does) and that an 18 wheeler can haul a max of 25 tons, it would require 2,200 loads of nickels. $1,000,000,000(20 nickels/$)(2.5 g/nickel)(1kg/1000g)(2.2lbs/kg)(1 ton/2000 lbs)(1 truck load/25 tons)=2,200 truck loads

  31. Mustango says:

    The story doesn’t stand up mathematically either. A nickel weighs 5 grams, so $1B in nickels weighs 100,000 metric tons. Divided by 30 trucks is 3,333 tons per truck, which is at least two orders of magnitude too much for any ordinary road transport vehicle.

  32. James West says:

    FAKE!!! I did the math….here it is:

    It would take 4,270 dump trucks and require 84% of all nickels in circulation.

    You’re welcome!
    JTFLAMES

  33. frances says:

    Uh, those are pennies in the photo, and the headline is tauting payment in nickes. Funny idea, but completely false.

  34. Bosch says:

    The joke would be on them. With the recent increase in metals, a nickel is really worth more than 5 cents. Not a big deal when you are talking about 10 or 20 nickels but billions of nickels you are really better off.

  35. Untrue: the U.S. mint has laws on the maximum one is forced to accept in coin, and it’s maybe $20.

  36. Leon says:

    MAN! That is STYLE!!!! hahaha good on you Samsung!

  37. Richard says:

    The way I see it, all these types of court battles are just a marketing ploy.

    Samsungs sales in the US jumped after the fine was announced.

    I also believe that Apple lost almost all of their other cases against Samsung outside the US.

    Whatever it is worth, far more americans now know that there are alternatives to Apple.

    That is just my nickle ;-)

  38. Q says:

    Some elementary maths will tell you we are looking at a delivery of closer to 3,000 36 ton trucks than the 30 mentioned above. This story is highly improbable.

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