A U.S. trade tribunal preliminarily ruled that Apple's current Apple Watches do not infringe Masimo's patents, rejecting Masimo's bid for a renewed import ban. The decision removes an immediate risk of import restrictions for Apple, lowering near-term legal downside for the stock while Masimo may pursue further appeals or alternative legal remedies.
A U.S. trade tribunal preliminarily ruled that Apple's current Apple Watches do not infringe Masimo's patents, rejecting Masimo's bid for a renewed import ban. The decision removes an immediate risk of import restrictions for Apple, lowering near-term legal downside for the stock while Masimo may pursue further appeals or alternative legal remedies.
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