Apple fails in bid to delay Apple Watch sales ban
Publishing timestamp: 2023-12-20 17:23:24
Summary
Apple has lost its bid to delay an impending Apple Watch import ban due to an intellectual property infringement claim by Masimo. Only last-minute intervention from the White House can prevent a pause in sales of certain Apple Watch models in the U.S. Apple has announced that it will stop selling the affected models but will continue to sell older models. The decision brings Apple closer to being prevented from selling one of its most important products in its largest market during a busy sales period. President Joe Biden has the authority to veto the ban but has not indicated whether he will do so. Masimo CEO Joe Kiani has accused Apple of misleading his company and poaching technical staff.
Sentiment: NEGATIVE
Keywords: masimo corp, joe biden, united states, business news, apple inc, technology, breaking news: technology, mobile, business,
Source: https://www.cnbc.com/2023/12/20/apple-fails-in-bid-to-delay-apple-watch-sales-ban.html