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Apple: Microsoft should pay $1 billion--cash

Time: 06:27 EST/11:27 GMT | News Source: CNET | Posted By: Matthew Sabean

Apple Computer CEO Steve Jobs said Thursday that Microsoft should give $1 billion in cash to help schools, instead of software and some money, to settle more than 100 consumer lawsuits. Jobs' statement came one day before Apple plans to file a supplemental legal brief further contesting the legitimacy of the proposed settlement of the suits.

Microsoft and attorneys working the cases, which are consolidated in a Baltimore federal court, cut the controversial deal in late November. Attorneys for Microsoft and the plaintiffs are set to return to court Monday to complete a hearing before U.S. District Judge J. Frederick Motz. "We think a far better settlement is for Microsoft to give their proposed $1 billion--in cash--to an independent foundation, which will provide our most needy schools with the computer technology of their choice," Jobs said in the statement.

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