Linked by Thom Holwerda on Mon 16th May 2011 16:15 UTC, submitted by john
Legal This is certainly worth a meagre +1 in my book: patent troll Lodsys has actually taken the time to answer some of the concerns on the web regarding its legal threats to several small-time iOS developers. There's some interesting stuff in there.
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.5%? That's nuts!
by eantoranz on Mon 16th May 2011 20:03 UTC
eantoranz
Member since:
2005-12-18

So, 0.5% of income for an upgrade button? How many more patents will you be able to cover? That'd mean 200 patents and you are done... from there, you will start start losing money (not to mention that the calculation started from income and not profit in the first place).

Reply Score: 3

RE: .5%? That's nuts!
by pantheraleo on Mon 16th May 2011 20:11 in reply to ".5%? That's nuts!"
pantheraleo Member since:
2007-03-07

It's cheap enough that I don't see anyone taking the issue to court. As mentioned, if you sell one million dollars worth of software, you pay patent royalties of less than $6,000. If I've sold one million dollars worth of software, coming up with less than $6,000 is basically just a question of which chair I want to dig for that loose change in.

The cost of litigating it would be far higher, even if you are almost sure you will win.

Reply Parent Score: 2