Quote of the Day: Software Patents and the End of Innovation

—By

| Sun Oct. 7, 2012 9:35 PM PDT

From Nancy Heinen, Apple general counsel until 2006:

When patent lawyers become rock stars, it’s a bad sign for where an industry is heading.

Yes it is. And from the same article, here's your factoid of the day:

Last year, for the first time, spending by Apple and Google on patent lawsuits and unusually big-dollar patent purchases exceeded spending on research and development of new products, according to public filings.

The whole piece is worth a read.

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