On December 18, an announcement was made. The Apple Watch Series 9 and Ultra 2 would be pulled from shelves. This is the result of a months-long patent dispute between the tech giant and medical company, Masimo. These are the details of Apple’s nightmare before Christmas…
Why the Apple Watch Series 9 Violates a Patent
In October, the U.S. International Trade Commission ruled that Apple had violated Masimo’s patents.
Namely, the blood oxygen sensors included on the smartphone watches since 2020. Still, it seems like it is better late than never…
And, the medical brand expressed satisfaction with the commission’s choice. A Masimo spokesperson said this to NPR regarding the decision…
“THE DECISION TO EXCLUDE CERTAIN FOREIGN-MADE MODELS OF THE APPLE WATCH DEMONSTRATES THAT EVEN THE WORLD’S MOST POWERFUL COMPANY MUST ABIDE BY THE LAW.”
The Steve Jobs founded megacorporation’s deadline of December 26 to pull the Apple Watch Series 9 was fulfilled early.
Nonetheless, Apple is appealing the ruling. The UTC advises the White House and Congress. So, the Mac manufacturer must await those government agencies’ decision to uphold or overturn the decision.
And, the deadline?
CHRISTMAS DAY!
“Unfortunate Timing” for the Ban
However, Apple has not given up on the Series 9 and Ultra 2 watches yet. They are holding out hope for the Biden administration to see things their way.
Apple analyst, Gene Munster says…
“APPLE IS THE GOLD STANDARD WHEN IT COMES TO U.S. INNOVATION, AND I THINK THEY’RE HOPING THE BIDEN ADMINISTRATION RECOGNIZES THAT AND AGREES WITH THEM TO GET THIS OVERTURNED.”
This late in the game, it is unlikely that Apple will get the outcome it is looking for…
But, who knows?
There is still time for a Christmas miracle…
Be Great,
Grant Cardone
Disclaimer: This content is intended to be used for educational and informational purposes only. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment or business decision. Investment, real estate, and business involve great risk and there is no guarantee of performance or results.We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.