Time is money: Apple pays $21M for clock design, says report
Apple’s iOS 6 clock and an official SBB watch from Mondaine.
Quality Swiss-made timepieces don’t come cheap. Just ask Apple.
The company shelled out a $21 million “lump sum” to license a clock-face design from the Swiss Federal Railway service, French news agency AFP reported, citing a Swiss paper.
In September, the railway service, also known as SBB, objected to the clock-face design in iOS 6, saying it too closely resembled a trademarked design created in 1944 by SBB employee Hans Hilfiker and used in train stations throughout Switzerland.
Hilfiker’s design has…
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