Apple is now banned from selling its latest Apple Watches in the US::Apple can no longer sell the Apple Watch Ultra 2 and Watch Series 9 in the US. The International Trade Commission issued an import ban on the devices that took effect on December 26th, 2023.
The fact that they seem to really have expected a Biden “pardon” is absolutely hilarious to me.
Really wonder what exactly Apple is planning/trying to do here. They have more than enough money to settle with Masimo - IMO it makes the most sense for them to just settle an amount for the existing watches, and redesign a new oxygen sensor module for the US market.
Kind of silly for them to expect some kind of special treatment ripping off another company’s tech, when they themselves are hyper protective over copycats ripping them off
Maybe the sales figures were less than expected and will use this as an excuse to the board.
Well, if I was on the board or a shareholder, I would be much more pissed about patent infringment that should have been easy to prevent and hints at incompetence over lower than expected sales which is just hard to predict.
They also have more than enough money to drain Masimo by dragging them through legal proceedings, so Apple can just swoop in and buy them out.
I’m not sure how big Masimo is, but they probably have reasonably deep pockets too considering they manufacture and sell a ton of hospital equipment.
If Apple wanted to buy out Masimo it certainly wouldn’t be cheap, and would probably upset their shareholders, but they do have the money
