Author Topic: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins  (Read 1505 times)

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Offline Rapunzel

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http://www.zurmat.com/2012/08/29/samsung-pays-apple-1-billion-sending-30-trucks-full-of-5-cent-coins/


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



PaperBlog – 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.

samsung pays apple $1 billion sending 30 trucks full of 5 cents coins

The funny part is that the signed document does not specify a single payment method, so Samsung is entitled 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.


Let’s see how Apple will respond to this.
�The time is now near at hand which must probably determine, whether Americans are to be, Freemen, or Slaves.� G Washington July 2, 1776

Offline jmyrlefuller

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Re: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins
« Reply #1 on: June 19, 2013, 12:10:40 pm »
Ah, yes, the dreaded nickel-- the most oversized and least usable coin (three dimes are lighter than a quarter and a nickel) on the planet.

There is only one problem with this plan: it requires somewhere between ten and twenty years' worth of the entire nickel mintage to pull off, or one out of every four nickels minted since Thomas Jefferson was put on the front. You see, the US Mint only produces one to two billion nickels each year.
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Offline ABX

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Re: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins
« Reply #2 on: June 19, 2013, 12:21:14 pm »
Would be funny if true, but this originated on a parody site.
http://www.snopes.com/politics/satire/samsung.asp

Offline Fishrrman

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Re: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins
« Reply #3 on: July 06, 2013, 02:15:34 am »
"Ah, yes, the dreaded nickel-- the most oversized and least usable coin"

Actually, the nickel is the only current coin that is actually worth _more than_ its face value.

When silver dollars, halves, quarters and dimes had real silver (pre-1964 or so), they, too, had "value". But today, the alloys those coins contain have no actual "worth" at all.

But a nickel is still _made with_ nickel (25% nickel and 75% copper). As such, each coin is worth roughly 17 cents or so, if you were to melt it down into alloy. But to do this is illegal.

Nevertheless, the nickel actually is "worth something". Even if the U.S. currency were to collapse into nothingness, the nickel would still be worth the metal it's cast out of...
« Last Edit: July 06, 2013, 02:18:26 am by Fishrrman »

Offline jmyrlefuller

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Re: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins
« Reply #4 on: July 07, 2013, 11:12:15 pm »
I think even after the penny switched to that cheap zinc core, that too is also more valuable than face value... and all the pre-1982 minted all-copper pennies are still in circulation... is it any wonder why the intelligentsia want to get rid of it?
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