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Apple Watch import ban temporarily stopped by U.S. appeals court - TL;DR CNBC

Apple Watch import ban temporarily stopped by U.S. appeals court

Publishing timestamp: 2023-12-27 12:37:13


Summary

The article states that Apple will be able to sell its latest Apple Watches after an import ban was temporarily paused by an appeals court. The ban was in response to an International Trade Commission order that found the blood oxygen sensor in the watches infringed on intellectual property from Masimo. The temporary stay allows Apple to sell the watches during the busy holiday season. The sales pause did not affect the Apple Watch SE or models available from other retailers. Masimo's shares fell, while Apple's stock was slightly down.


Sentiment: NEUTRAL

Tickers: AAPLMASI

Keywords: masimo corpapple incunited statesiphonetechnologybreaking news: technologymobileentertainmentbusinessbusiness news

Source: https://www.cnbc.com/2023/12/27/apple-watch-import-ban-temporarily-stopped-by-us-appeals-court-.html


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