- Sep 4, 2005
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New York CNN —
The clock is winding down on a last-minute, emergency action to keep the latest Apple Watch on store shelves.
President Joe Biden has until the end of Christmas day to overturn a US International Trade Commission ruling that will prevent Apple from selling the Apple Watch Series 9 and Apple Watch Ultra 2, among other newer models, because they violate patents registered to another company. But it appears unlikely he’ll intervene.
Masimo CEO Joe Kiani told CNN he believes Apple deliberately infringed on his company’s patents. But the companies have been at loggerheads for years. In October 2022, Apple filed two patent infringement lawsuits against Masimo.
Makes me glad I sold off some Apple stock a few weeks ago when it was at 198.