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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
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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)."

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Tagged :   apple, samsung
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