February 24, 2017 | Updated at 06:50 AM EST The Latest Entertainment & Celebrity News

Samsung Pays Apple In Coins; Payment in All Nickels Spread On Web As A Hoax

Rumors circulated around the web that Samsung paid a settlement they owned Apple, a confirmed $1.05 billion, all in nickels delivered in 30 trucks to Apple headquarters in California. The story also included that trucks arriving at the site carrying the small change payment were not allowed entrance by Apple security because of scheduling and authorization issues, however, after a call was made to Apple's CEO, clearance was given to let them pass and go inside.

By Shiryn Ghermezian, EnStars on Sep 05, 2012 11:06 AM EDT
Tag :   apple, samsung
facebook tweet this pin it reddit plus
Sign Up for Newsletter
People wait on a street in front of an Apple store as they await sales of the new iPad in the Apple store in Munich March 16, 2012.
People wait on a street in front of an Apple store as they await sales of the new iPad in the Apple store in Munich March 16, 2012. (Photo : Reuters)

Rumors circulated around the web that Samsung paid a settlement they owned Apple, a confirmed $1.05 billion, all in nickels delivered in 30 trucks to Apple headquarters in California.

The story also included that trucks arriving at the site carrying the small change payment were not allowed entrance by Apple security because of scheduling and authorization issues, however, after a call was made to Apple's CEO,  clearance was given to let them pass and go inside.

All these detailed tidbits and rumors, and the story all together, is actually false.

The story was created after Samsung promised to fight against the ban Apple placed on their products in the U.S.; Apple issued a request at the U.S. District Court for Northern California to ban eight of Samsung's products from being sold in the U.S.

In August, a court ruling declared that 28 of Samsung's products had trespassed against Apple's patent and $1.05 billion was given to Apple from Samsung for damages. Samsung, however, will have the option of appealing any injunction or filing a motion to stop it.

The made-up story included "quotes" by Lee Kun-hee, Chairman of Samsung Electronics, which convinced many readers that perhaps the ordeal did in fact happen. However, the International Business Times and many other reliable publications confirmed the hoax to be indeed false, which was circulated by sites such as paperblog.com, one of the first to post the story.

The only true element to the story was the $1.05 billion that Samsung owes Apple after the court ruling set in August.

At the end of the story, paperblog.com posted, "You didn't think this could be real right? but hey! you loved it (sic)."

© 2017 Enstarz, All rights reserved. Do not reproduce without permission.

  • SEARCH ENSTARS

Latest News

Bill Goldberg

'WWE 2K17' News & Updates: Five New WWE Superstars Added to the Game; Hall of Fame Showcase Confirmed For the Game Title

'WWE 2K17' recently added new characters for the "Future Stars Pack" DLC, bolstering the character's roster up to 136 WWE Superstars

Tom Clancy's The Division - E3 Gameplay reveal [EUROPE]

'Tom Clancy's The Division' News & Updates: New Incursion 'Stolen Signal' Discussed; Here's What We Know

"Tom Clancy's The Division" will come up with a new incursion alongside "The Last Stand."

Taylor Swift

Taylor Swift Not in Speaking Terms with Karlie Kloss because of Tom Hiddleston; Friendship with Ed Sheeran Also on the Rocks? [VIDEO]

There may be trouble in the famous girl squad. Taylor Swift is said to be in war with Karlie Kloss over Tom Hiddleston.

Ian Somerhalder and Nina Dobrev

Ian Somerhalder and Nikki Reed Divorce Update: Somerhalder's Career and Marriage In Shambles, Dobrev No Longer to Blame

Ian Somerhalder recently posted a photo on Instagram of him, Nikki Reed, and Nina Dobrev proving to the world that there is no bad blood between them.

Real Time Analytics