Apple has decided that it will be challenging a ruling made last November that found it guilty of infringing on several of VirnetX's patents. The ruling required Apple to pay VirnetX $368.2 million in damages. However, in Apple's recent quarterly report, the company filed Form 10-Q with the U.S. Securities and Exchange Commission (SEC) stating that it intends on challenging the verdict and has not "recorded a loss accrual at this time."
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