Apple Must Pay Over $700 Million in Major Patent Damages Case

Apple has today been ordered to pay more than $700 million to the Texas-based cellular technology company Optis in a landmark UK patent ruling (via ipfray).
In London, the England and Wales Court of Appeal today ruled that Apple must pay a lump sum of $502 million to Optis Cellular Technology LLC for the use of standard-essential 4G patents in iPhones and iPads over a 14-year period spanning from 2013 to 2027. The decision marks a dramatic increase from the $56.43 million originally awarded by t