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Cogito Ergo Sum
 
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Samsung pays Apple $1b in .05 Coins!

Lawsuit Paid In Full: Samsung pays Apple $1 Billion sending 30 trucks full of 5 cent coins |


BHAHAHA!!!

Old 11-20-2013, 07:07 AM
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Cogito Ergo Sum
 
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Scratch that!!! Damn idiots reporting jokes as news....
Old 11-20-2013, 07:15 AM
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I would be astonished if there were 1 billion worth of nickles available in circulation to pull that off.
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Old 11-20-2013, 07:18 AM
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Quote:
Originally Posted by porsche4life View Post
scratch that!!! Damn idiots reporting jokes as news....
dude! Lol..
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Old 11-20-2013, 07:24 AM
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That's 20 x's more nickels than are in circulation.
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Old 11-20-2013, 07:27 AM
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That's like over 220 million pounds of nickles!
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Old 11-20-2013, 07:42 AM
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Quote:
Originally Posted by cashflyer View Post
That's like over 220 million pounds of nickles!
5,512 Tons
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Old 11-20-2013, 07:46 AM
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I'm getting 110,231 tons.
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Old 11-20-2013, 07:55 AM
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The problem with stories on the internet is that few people read past the headline or care to find check if they're true.

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Old 11-20-2013, 07:56 AM
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I'd be surprised if Samsung ever pays Apple at all, regardless of what the courts rule.
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Old 11-20-2013, 08:00 AM
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They'll be lucky to get one red cent.
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Old 11-20-2013, 08:36 AM
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Quote:
Originally Posted by Gogar View Post
The problem with stories on the internet is that few people read past the headline or care to find check if they're true.

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The man was wise before his time.
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Old 11-20-2013, 08:38 AM
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Old 11-20-2013, 08:41 AM
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I wonder how many nickles are in active circulation.
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Old 11-20-2013, 11:30 AM
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I was thinking the dime is the lowest legal tender (one doesn't have to accept pennies & nickles for payment).
Jim
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Old 11-20-2013, 11:41 AM
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There's 20 nickels to the dollar, so I come up with 20,000,000,000 nickels.
At 5 grams each, that's 100 billion grams = 220,462,442 pounds

A 2006 article claims that there are approximately 20bn nickels in circulation, so the Apple payment would require every US nickel in the world. Since I have 3 in my pocket, Samsung will be short of the total.

I have seen other sources that claim there are as many as 25bn nickles in circulation.


More:
http://www.theguardian.com/technology/blog/2012/aug/29/apple-samsung-trucks-nickels-fake
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Old 11-20-2013, 11:46 AM
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Quote:
Originally Posted by on2wheels52 View Post
I was thinking the dime is the lowest legal tender
From the link I posted:
There is no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise.
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Old 11-20-2013, 11:48 AM
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From your link:

It would take 2,755 18-wheeler trucks (max legal tare 80,000 lbs) to carry the money.


Now I wonder what it would cost to hire 2,755 18 wheel trucks to haul 80,000 lbs each.
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Old 11-20-2013, 12:57 PM
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Cogito Ergo Sum
 
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Depends on how far they gotta haul it? Anywhere from a few hundred to a few thousand
Old 11-20-2013, 01:03 PM
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20,000,000,000 * 5 grams = 100,000,000,000 gram = 100,000,000 Kg

= 100,000 metric tons

An 18 Wheeler can carry ~20 metric tons --> 5,000 trucks

We usually pay ~$1000-1200 per 500 miles

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Old 11-20-2013, 05:42 PM
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