Last week 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.
A total of 20 billion coins, delivery hope to finish this week.
Let’s see how Apple will respond to this.
Lol........who says it's only Nigerians that knows how to "play it dirty"?
ReplyDeleteThis is Old gist nau!!! Stella it happened months ago.
DeleteOLD NEWS MOFO
ReplyDeleteIt not just old news very very old news
DeleteNot true. Same story was viral 2 years ago. Get ur facts right stella
ReplyDeleteLMAO!!!! Nice 1 Samsung but to think of it, Samsung wud put in as much energy & resources to count and load the trucks with those cents.
ReplyDeleteFirst to comment
ReplyDeleteLOL SLOW NEWS DAY FOR YOU BA STELLA ? ...THAT ISH HAPPENED A LONG TIME AGO !
ReplyDeleteI swear dis koreans are nuts...coins!!!...its gonna takE a week or more dan dat to count it...dang!!!...smh..guess am gonna do dat to dos am owing #winks..sipsbaron
ReplyDeletepls i have ds my 'yard' neigbour....d girl go just dey disturb me for night...mid night ooo
ReplyDeleteAlways FUCKING @ night....and she go just dey scream out so loud...dey disturb person
And ds girl...her fiance dey yankee oo.....but na anoda guy for wee compound dey service am every night
Ds girl,,na big girl oo,,,she dey drive correct car and everything
Their noise @ night,,,is so so annoying
##Long Hiiiisssssssss###
@Galore
Na face me I face you" you dey stay?
DeleteLol @ Linda Eze,abi o,which kin yard be dat?
DeletePele. Na prison yard?
DeleteHahahahaha
ReplyDeletePUNISHMENT OR REVENGE OF THE CENTURY
ReplyDeleteI hope you know that's a hoax.
ReplyDeletePUNISHMENT OR REVENGE OF THE CENTURY
ReplyDeletehttp://www.theguardian.com/technology/blog/2012/aug/29/apple-samsung-trucks-nickels-fake
ReplyDeleteDo your research well and give credibility to your blog
http://www.theguardian.com/technology/blog/2012/aug/29/apple-samsung-trucks-nickels-fake
ReplyDeleteDo your research well and give credibility to your blog
Stella dear, this is NOT funny. Hmmmm that's a VERY nasty way to pay debt/fine. I never imagined such a low thought can come out from Samsung of all people. That's ridiculous.......Mrs. Samuel
ReplyDeleteHaba! Stella!! This news is very very very very very very stale! AS IN STALE!!! and besides, the news was refuted!
ReplyDeleteSlow news day I guess!
Wow meanest fin I'v ever seen o. Takin several seats already let's c aw d drama unfolds.
ReplyDeleteStella hmmm I didn't know that you too dey copy verbatim. First, this is old gist!!! Secondly its like you and the person you culled this from no sabi yankee currency. Those are pennies naw! Just look at the color.
ReplyDeleteAnyway good for Samsung. "Two can play this game" indeeeed
Naaaaaa. That ain't no pennies besides its only a picture to depict the coins
DeleteYou're right, those are gold nuggets mtcheww
Deletelwkmd! Hahahhahahahahahahhahhahahaha! dats a big stinger 4 apple sha!
ReplyDeleteLmao!!!fits dem..
ReplyDeleteNo, Samsung did not try to pay Apple its $1bn fine in nickels.
ReplyDeleteThe story actually originated on El Deforma, described (by many) as "an Onion-like Mexican website" - that is, specialising in fake news.
The site has a "tip of the day", which on Wednesday had the advice: "Si vas a plagiar noticias, no uses un sitio de noticias falsas como fuente."
Or In English: "If you're going to steal news, make sure not to use a fake news site as a source."
Well, at least one fact is right: Tim Cook is chief executive of Apple.
ReplyDeleteOn to the debunking.
1) Samsung's fine ($1.049bn) isn't yet payable; the judge hasn't ruled. All we have is the jury's verdict. The judge's decision, which could include a tripling of the fine, is due on 20 September (or possibly 6 December now; it's unclear). Until then, Samsung only has to pay its lawyers. That should be less than $1bn.
2) If Samsung tried to pay the fine in five-cent coins, Apple could legitimately tell the trucks to turn around and head back to Samsung (if the trucks weren't imaginary in the first place). Here's the relevant phrase from the US Treasury web page:
Q: I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal?
A: The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, 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. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
So basically it would be Apple's choice whether it accepted the payment. (In the UK, the rules are stricter: "legal tender" - meaning payment for a court-ordered debt - mean, says the Royal Mint, that 5ps are only legal tender for amounts up to £5, for example. It's only when you get to £1 that you can pay debts up to "any amount".)
3) Some more fact-checkiing from Ken Tindell via Twitter: "A nickel weighs 5g. It would take 2,755 18-wheeler trucks (max legal tare 80,000 lbs) to carry the money."
4) Consider how much a billion dollars in nickels would weigh: you need 20bn of them, and at 5g each that's 0.005 kg x 20,000,000,000 = 100,000,000 kg = 100,000 tonnes.
5) There probably aren't that many nickels in circulation anyway. The New York Times noted in 2006 that there were about 20bn nickels in circulation at the time; rising metal prices were encouraging people to melt them for the copper and zinc. Another dose of reason.
6) The amount of copper involved (95% of each nickel) is truly humungous because a billion is a very big number. 100,000 tonnes of copper (let's assume that's what it is for now) would, at a density of 8,940 kg/cubic metre (that's 8.94 tonnes/cubic metre), occupy just over 11,185 cubic metres. As an Olympic swimming pool has a capacity of 2,500 cubic metres (aka "one olymp"), that would be the same as four and a half Olympic swimming pools filled entirely with copper. Imagine that if you can.
And that Stella are the true facts of this issue...
My dear u r jst 2 much...hw u manged 2 type all dez down I dnt know....thumbs up any way
DeleteCan I be ur friend?
DeleteEm but a nickel is NOT 95% copper. It's 25% nickel and the rest copper hence the name. Lovely stats but not all accurate.
DeleteThese Oyinbo people full of hate like we Africans oh..Anyway their own is always in disguise
ReplyDeleteStella this jist is like "5 MONTHS OLD and not last week. Pls check and confirm.thanks
ReplyDeleteLmao, you fell for that hoax. This story has been around since 2012. Google it.
ReplyDeleteStella. This is fake news naw. It made the rounds last year.
ReplyDeleteGoogle is your friend nau as you always say to us. You will see almost the exact same article. Published last year
I love white people sha. How e for b if na naija dis one for happen?
ReplyDeleteMore respect to Samsung... I like the way they play. SHAKI
ReplyDeleteFunny though but will I say its wickedness, cnt imagine going to the bank to withdraw 10k n am given coins. Still lafn
ReplyDeletethis chinko man na better witch
ReplyDeleteLmmmaaaoooo! Too funny!!!
ReplyDeleteThe Fashion Engineer
Lmaooooo!! Wahala dey!!
ReplyDeleteThat's one funny trick. I still prefer samsung to apple though
ReplyDeleteStella abeg its a lie, Samsung has not paid apple a cent, they are still disputing the ruling and Samsung says its ready to go to the highest court in the USA concerning this matter....stop posting stuff when you dont have the right info.
ReplyDeleteSamsung don kolo I swear
ReplyDeleteStella na wa for slow news day o. This didn't happen last week biko. Dat na old gist, when Apple sued samsung. Liar liar.
ReplyDeleteIs this recent? I have seen something like this before.....lol
ReplyDeleteVery old stale news Stella. Saw this over a year ago!
ReplyDeleteThis story is not true stella.. It is a hoax and this is the 2nd time it is circulating across social media.... Google is your frnd..
ReplyDeleteNah wah o
ReplyDeletehahaha lmao! Neva fyt wiv a geek
ReplyDeleteThis is old gist and it isn't true
ReplyDeleteGoogle is ur friend. This is also a false story. Just like that rape festival was false. Rumour mongering isn't what I expect from a seasoned journalist like you.
ReplyDelete4 this, I think I'm going out to get a samsung. This is GENIUS. Me likey.
ReplyDeleteHahahahhaaa...Its really called playing dirty.
ReplyDeleteStella this story is not true its a rumor google it and find out...
ReplyDeleteStale news...
ReplyDeleteI love this!
ReplyDeleteClassic payment of fine!
Dem go count coins tire!!!!!
I hope they have coins counting machinesssss!
Fake news stella google it....its not true... Its a hoax
ReplyDeleteok oh,na old news,slow news day...make una wish me get well soon...sorry for giving una old fake news....*hugs*
ReplyDeletewetin happen to u @sdk?
DeleteUnto anoda news,,,,how we fit address ds issue of husband sleeping with sister inlaw?...
Ds thing tire me oo
@Galore
Stellastica,get well for us biko..your blog na achu obara mgbali enu
DeleteMadam Stella,its been confirmed that this story is a hoax........not true
ReplyDeletestale and the story was meant to be a joke then....whatever happened to real journalism - smh
ReplyDeleteThe story is false... Not true at all
ReplyDeleteLolest....
ReplyDelete