澳洲幸运5官方开奖结果体彩网

Ban of US Sales of Apple Watches With Blood Oxygen Sensor Back on After Court Ruling

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Key Takeaways

  • A federal court declined to extend a stay on a ban on U.S. sales of certain Apple Watches using blood oxygen sensors while the company works to appeal a patent infringement case.
  • The ban, which affects the sale of the Apple Watch Series 9 and the Apple Watch Ultra 2, goes back into effect Thursday at 5 p.m. ET.
  • Apple shares ended Wednesday's session down 0.5%, while Masimo shares rose 2.1% to a six-month high.

Apple (AAPL) must once again discontinue the sale of Apple Watches usꦐing blood-oxygen sensors, according to a federal court ruling.

The 澳洲幸运5官方开奖结果体彩网:U.S. Court of Appeals for the🧸 Federal Circuit denied Apple's request to extend a stay that had allowed sales to resume while the company worked to appeal a 澳洲幸运5官方开奖结果体彩网:previous decision by the International Trade Commission on a 澳洲幸运5官方开奖结果体彩网:patent infringement case first brought by Masimo (MASI) in 2021.

The appeals court, which noted in its decision Wednesday that it "reach[ed] no conclusion on the merits of the appeal," said the ban, which affects sales of the Apple Watch Series 9 and the Apple Watch Ultra 2, will go into effect on Thursday at 5 p.m. ET.

The decision could affect Apple's bottom line as 澳洲幸运5官方开奖结果体彩网:wearables, like the Apple Watch, along with home and accessories, delivered $9.32 billion in net sales in the fiscal fourth quarter of 2023, accounting for more than 10% of the company's total sales.

Apple shares fell 0.5% to close Wednesday at $182.68, while Masimo shareꦓs rose 2.1% to $122.57, a six-month high.

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  1. U.S. Court of Appeals for the Federal Circuit. "Appeal from the United States International Trade Commission in Investigation No. 337-TA-1276."

  2. Apple. "."

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