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 Replies: 34 / Views: 4,989 |
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Valued Member
United States
350 Posts |
Enjoy!
"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 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.
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Bedrock of the Community
13014 Posts |
Please tell me this really happened and isn't a joke
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Moderator
 United States
16677 Posts |
I was going to move this topic but, it does
have to do with modern nickels :-)
I have a Samsung Galaxy S II so, as you can imagine, I love it!
swcoin.ecrater.com
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Forum Dad
United States
24150 Posts |
Uh-huh.Quote:
To pay off a billion dollars in nickels would require 20 billion of those coins. That amount would require Samsung to obtain the equivalent of all the nickels struck by the U.S. Mint in the last several decades. (In 2011, for example, the U.S. Mint produced less than one billion nickels, and 2010 less than half a billion.) Samsung would have to round up virtually every nickel in circulation to acquire over $1 billion worth of those coins, a feat that could hardly be accomplished without having a significant impact on the U.S. monetary system.
A single nickel weighs 5 grams (about .011 pounds), so a billion dollars worth of nickels would weigh in at about 110,000 tons. That load would far exceed the carrying capacity of 30 or so trucks (requiring each truck to carry over 3,600 tons, or more than 7.2 million lbs. each). The equivalent of about 2,755 eighteen-wheeler trucks, each hauling 40 tons' worth of nickels, would be needed to transport the weight of that many coins. (Even if we ignored the weight factor, the sheer physical volume of that many nickels would likely require the use of many more trucks to carry them all.)
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Pillar of the Community
United States
580 Posts |
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Moderator
United States
16677 Posts |
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Valued Member
United States
492 Posts |
Always check snopes.com for stuff like this first. Totally false. |
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Valued Member
United States
300 Posts |
 My friends no longer forward chain emails to me because I always reply with a rebuttal shooting down whatever was sent to me.  |
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Forum Dad
United States
24150 Posts |
Quote:
My friends no longer forward chain emails to me because I always reply with a rebuttal shooting down whatever was sent to me. Your nicer than me. I get one from somebody, they're done... blacklisted. The Margarita kitty was funny maybe the first two times, I know Bill gates isn't going to pay me a penny for everyone I forward your email to, and I'm quite sure you didn't almost shoot a kitten breaking into your back window. Knock it off already.  |
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Pillar of the Community
Canada
1700 Posts |
I don't think that this is false. I think that it was in the news. I was also about to post this topic.
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Bedrock of the Community
 United States
12815 Posts |
I have a bridge to sell you then.
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Bedrock of the Community
13014 Posts |
Quote:
I'm quite sure you didn't almost shoot a kitten breaking into your back window. Lol great reference. |
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Bedrock of the Community
United States
10034 Posts |
also realize snopes is not always reliable either.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Bedrock of the Community
United States
14454 Posts |
as was said this is far from over so there is no way Samsung would be paying anything yet. There will be appeals all the way to the supreme court and the final amount will likely be way way way below the 1 Billion dollars they are asking in damages. So even if snopes isn't always correct this story is definitely a tall tale and no where near fact not only because of the amount of trucks needed nut just because this was just a jury verdict not judge ruling. It never ends at the first ruling anyway with these big companies and most of the time will settle out of court if they lose all the way up to the supreme court and do not have any further evidence to present to the supreme court that would sway them to have a different judgment Quote:
I don't think that this is false. I think that it was in the news. I was also about to post this topic. If you look at the facts you would see that it can't be real no matter how much anyone would like to believe it |
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Bedrock of the Community
United States
12815 Posts |
Sure, but at least they make an effort to research, fact check, and vet the stories. But I agree, question everything. Form educated opinions and don't believe what's out there just because someone official-sounding said it.
In this case, a few simple math exercises (and common sense) would tell you that this one's bogus. Where is anyone going to source 20 billion nickels anyway? And the weight of said nickels would take far more than 30 truckloads (closer to 3000 truckloads).
While a fun story and it appeals to our "stick it to the man" sense, it's just impractical and it would be a ridiculous expense that would upset shareholders.
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Pillar of the Community
United States
1007 Posts |
Dimes would be easier and take up less room than nickels..... it it were real.
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Replies: 34 / Views: 4,989 |
Posted 09/07/2012 8:30 pm
