As the Apple v Samsung legal battle draws to a close, a financial expert has said that Apple overstated Samsung's profit margins on smartphones which resulted in a highly inflated damages estimate. Not only has Samsung refuted Apple's case, but they have also gone on the offensive and claimed they should be paid $422 million in damages.

These damages are due to iPhone and iPad infringement on a couple of Samsung's patents. Michael Wagner is an accountant who testified on Samsung's behalf. He said that Samsung US profits from tablets and smartphones should be calculated at only $519 million. This is opposed to Apple's witness who claimed Samsung's profit margin was around 35.5 percent from mid-2010 on.

Samsung's claim for damages seems to be a much more realistic and reasonable number. Take for example their claim of $22.8 million for 'seamlessly emailing a photograph.' Their reasoning for this small amount is that "they're one of many features on the phone." A financial expert for Samsung has said that the wireless patents infringed upon are worth up to $399 million. With these two numbers, Samsung arrived at its figure of $422 million.