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by freedomben 917 days ago
I disagree.

> Apple, of course, is one of the largest and most powerful companies in history — it’s the first to hit a $3-trillion — that’s trillion, with a T — market cap.

Apple is at least 100 times bigger than Masimo, 500x based on the numbers in the article. Sounds David and Goliath to me.

Add in the despicable behavior and you've got a story where real life is more than fiction could do.

3 comments

It’s still a multi-billion dollar company. At that scale, you’re not facing any real disadvantages in the legal process even against Apple unless your company is actively losing money already and you won’t have enough cash on hand to continue operating. A quick looksie at their financials indicates that is not the case here.

I don’t want to say Market Cap doesn’t matter, but man is it irrelevant to most discussions and mainly of use to PR agents that want to spin a David and Goliath story.

Also, the issue at hand is a hobby for Apple, but it’s Massimo’s bread and butter, so they ought to be willing to spend accordingly on lawyers.
If both companies are able to afford tier A law firms then the relative size difference is meaningless. An extra trillion in market cap doesn't go any further in helping Apple's case.
This is literally standard corporate playbook behavior that has been utilized since the creation of corporations. In what possible way is it “more than fiction”?