Chinese Court Says Apple to Pay $60M in iPad Case

nytimes.com — BEIJING (AP) - A Chinese court says Apple has agreed to pay a local company $60 million to settle a dispute over ownership of the iPad name. The Guangdong High People's Court said Monday that Apple and Proview Technology reached the settlement through mediation. The court said that ended the legal case.
MT @gadyepstein: anybody figured out how many minutes it takes Apple to earn $60m? (amount it settled China case for) t.co/nm0kKtXi
Has anybody figured out how many minutes it takes Apple to earn $60m? (The amount it settled its China case for) t.co/UQgIMr5G