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Apple Watch Avoids Fresh Import Ban After Surprise Court Rulingimo bid for ban [Yahoo! Finance]
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US:NASDAQ Investor Relations: investor.apple.com
A federal judge on Tuesday rejected Masimos request to block imports of certain Apple Watch models tied to blood-oxygen sensing technology. Judge Ana Reyes denied both a temporary restraining order and a preliminary injunction, clearing the way for Apple to continue bringing the watches into the country, according to Bloomberg Law. Warning! GuruFocus has detected 5 Warning Signs with NVDA. Is AAPL fairly valued? Test your thesis with our free DCF calculator. The dispute centers on the Apple Watch Series 9 and Ultra 2. Masimo argues the devices infringe its patents related to light-based pulse oximetry, a claim that previously led the U.S. International Trade Commission to issue an import ban in late 2023. Apple responded by changing how blood-oxygen data is handled, shifting some processing to the paired iPhone through software updates. Masimo says that workaround shouldnt count, and the fight isnt over. The ITC has now reopened the case to take another look.
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