At the risk of being called a fanboy, you obviously don't keep up with Groklaw coverage or even looked at the case in question. To steal the summary from Groklaw's latest update:
"Recap of the day: Google won everything but the one issue that the judge has to decide anyway, the API SSO issue. The jury found, as they had been instructed to assume for the purposes of deliberation, that APIs can be copyrighted, the structure, sequence and arrangement of APIs, but that is by no means established. The same question, in a b) section, asked if fair use excused any infringement if found, and the jury couldn't resolve that issue. But the judge has to decide whether or not that is true, that APIs can be protected by copyright. That comes later this month. Meanwhile, Oracle prevailed only on 9 lines of code that Google admitted prior to trial to have included by mistake and then removed from current Android. Oracle's own expert, the judge pointed out in court, valued those 9 lines of code at zero. This is 9 lines out of millions. So that means, if we are looking at damages, that so far Oracle has won nothing. There is no liability. You can't have infringement without considering fair use, Google asserts, and there will be briefing on that. Somebody has to decide that fair use issue. And then the judge has to decide about the API copyrightability issue. If he rules that APIs can't be copyrighted, as the EU Court of Justice just ruled, then fair use is moot. And Oracle takes nothing at all from the copyright phase of this litigation, and this was heralded far and wide by Oracle people as the big ticket item, if you recall."
I don't claim to be a big Groklaw fan, but I do read their coverage to get a balanced reading on the issues at hand, like I did in SCO vs IBM, et al too. Basically, Oracle won nothing. Google stuck to their "fair use" argument (which is fair, because all they used is the API interface - which is DESIGNED to be "copiable" - and the "9 lines" are really worth nothing even if they came with comments that said "HAHAHAHAHAHA! WE STOLE THIS FROM ORACLE!" all over it).
But, strangely, so far BBC, Slashdot and now The Reg are somehow writing articles that claim it's the end of the world for Google and game over and Google were naughty. I can't really see that side myself at all, but I haven't read *EVERY* court transcript there is. There are strange parallels to the SCO vs IBM argument that "this standard .h file which you need to interface with POSIX applications has very similar 'code' (i.e. numbers corresponding to a list of constants) in Linux for the purpose of POSIX applications using it!).
I don't think this will do anything to the industry or Google at all but someone, somewhere, somehow, has managed to turn it into something that will dent Google's share price when, actually, Oracle - and anyone who parrots their claims - is looking extremely dodgy to me.