Apple Refuses to License Masimo's Tech Amid Apple Watch Ban
Tim Cook emphasizes appeal over settlement in the ongoing patent dispute, as sales continue without the blood oxygen feature.
- Tim Cook confirms Apple will not license Masimo's blood oxygen technology, focusing instead on appealing the Apple Watch ban.
- Despite the ban, Apple continues to sell the Apple Watch Series 9 and Ultra 2 in the U.S., with the blood oxygen feature disabled.
- Masimo CEO Joe Kiani has expressed willingness for settlement talks, but claims Apple has not engaged in serious discussions.
- The ongoing dispute has not significantly impacted Apple's sales, with the Wearables, Home, and Accessories category reporting higher than expected revenue.
- Apple's strategy includes marketing the Apple Watch in other countries where Masimo's patents do not apply.