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News on Medial
Apple Watch ban could cost the company $300-$400 million in lost sales
Business Insider
·
1y ago
Medial
US regulators have ruled that new Apple Watches infringe upon existing patents held by Masimo. In response to the ruling, Apple announced plans to stop selling the Series 9 and Ultra 2 versions of its smartwatch for US customers, which could cost the company hundreds of millions of dollars in lost sales. The disruption is estimated to be around $300-400 million during the holiday season. The patent dispute between Apple and Masimo has reached the White House, but it's unlikely that the ruling will be overturned. Apple may need to explore licensing deals or acquisition of startups specializing in medical technology to overcome patent hurdles.
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The entrepreneur who bet his company on a fight with Apple
Livemint
·
1y ago
Medial
Masimo CEO Joe Kiani has spent around $100 million in a legal battle against Apple over patent infringement, temporarily halting Apple Watch sales. While sales have resumed, the court is still considering Masimo's request to stay the ban during an appeal. Kiani intends to continue fighting until Apple pays for his technology and changes its approach with smaller companies. Apple denies stealing Masimo's technology and has accused the company of copying its own. Kiani, known for his pugnaciousness, has previously successfully defended his company's intellectual property and believes he will prevail in this battle as well.
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Apple wins bid to pause Apple Watch ban at US appeals court
Economic Times
·
1y ago
Medial
Apple has won a bid to pause the Apple Watch ban at a US appeals court. The ban, which was initially ordered by a Texas federal judge due to a patent infringement claim from Nevada-based company Personalized Media Communications, would have prevented Apple from selling or importing its smartwatches. However, Apple managed to convince the appeals court that the ban would cause irreparable harm and disrupt its business operations.
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Redesigned Apple Watches not subject to import ban, US Customs says
Economic Times
·
1y ago
Medial
US Customs and Border Protection has determined that Apple can use a redesign to bypass an import ban on newer Apple Watch models. The ban, issued by the US International Trade Commission (ITC), applies to Apple's current Series 9 and Ultra 2 watches and initially went into effect on December 26. Apple convinced a US appeals court to pause the ban the next day and has since resumed selling the watches as it contests the import ruling. The customs agency's decision could be overruled if the ITC disagrees with it.
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Turkey Instagram ban 'violates' free speech: Human Rights Watch
Economic Times
·
12m ago
Medial
Turkey's blockage of Instagram and freezing of the online game Roblox have prompted criticism from Human Rights Watch (HRW) for violating free speech. HRW urged the government to reverse the suspension, arguing that it disproportionately impacts the right to free expression and information. President Recep Tayyip Erdogan has accused Instagram of fascism and blamed it for not removing offensive posts. Instagram has around 50-60 million subscribers in Turkey, and the ban is estimated to cost nearly $57 million per day in lost business. The government's issues with Instagram include alleged censorship and failure to remove criminal content.
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Indonesia issues telco permits for five Apple iPhone 16 models
Economic Times
·
4m ago
Medial
Indonesia has granted telecommunications permits for five models of Apple's iPhone 16, marking progress towards allowing sales following a ban for unmet local content requirements. The permits cover the iPhone 16e, iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. Apple now needs an import permit for local sales. This development accompanies Apple’s $300 million investment in Indonesia, including component plants and a research center, amidst concerns about investor confidence and protectionism.
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Apple plans to drop blood oxygen feature on smartwatches to get around import ban
Business Insider
·
1y ago
Medial
Apple is reportedly planning to remove the blood oxygen functionality from its Apple Watch Series 9 and Ultra 2 models to bypass the import ban if its appeal is unsuccessful. The import ban was imposed due to a patent dispute between Apple and medical device maker Masimo regarding blood oxygen monitoring technology. Masimo claims that certain Apple Watch models infringe on its patents. The US Court of Appeals for the Federal Circuit is expected to rule on Apple's motion for a stay on the ban soon.
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Here's what the DOJ suit could mean for Apple Watch
TechCrunch
·
1y ago
Medial
Apple is facing a lawsuit filed by the U.S. Department of Justice and 16 states for alleged antitrust practices. The lawsuit focuses on Apple's iPhone and controversial practices such as its walled-off app sales approach. The Apple Watch is also mentioned in the filing, noting that it is only compatible with iPhones, making it costly for users to switch to Android. The lawsuit claims that cross-platform smartwatches can reduce iPhone users' dependence on Apple's proprietary hardware and software. Opening up Apple Watch functionality could potentially impact iPhone sales and allow Android users to access the device.
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Apple step closer to seeing end of Indonesia iPhone sales ban
Economic Times
·
5m ago
Medial
Indonesia has approved local certificates for over a dozen Apple products, progressing towards lifting a ban on iPhone sales due to unmet local content requirements. Apple's $150 million investment includes building facilities for accessories and AirTags, and a semiconductor R&D center. Previously, Jakarta rejected a $100 million proposal. The move aligns Apple with regulations mandating 40% local components in phones. Despite the sales ban, non-commercial imports were allowed. Google Pixel phones face similar restrictions.
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Apple's problems are piling up ahead of its biggest launch in nearly a decade
Business Insider
·
1y ago
Medial
Apple is facing several challenges ahead of the launch of its Vision Pro headset. The company is dealing with problems related to the Apple Watch, declining iPhone sales in China, and developer disputes over App Store commissions. Apple had to halt sales of certain Apple Watch models due to patent infringement, causing a setback in a product segment worth approximately $18 billion per year. Additionally, iPhone sales in China have dropped, and Apple is facing legal battles with developers over its App Store policies. These challenges come at a crucial time for Apple as it prepares for the launch of its highly anticipated Vision Pro headset.
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A TikTok ban could be terrible news for Apple and Tesla
Business Insider
·
1y ago
Medial
A potential TikTok ban in the US could have serious consequences for American companies operating in China, including Apple and Tesla. The US House of Representatives passed a bill requiring TikTok's parent company, ByteDance, to sell the app to a non-Chinese entity or face a ban from US app stores. If the bill were to pass, China could retaliate, posing challenges for American businesses in China. Chinese consumers are already increasingly buying local products, and a ban could escalate tensions between the US and China. Apple and Tesla would likely be the most affected, but other companies like Wynn Resorts and Qualcomm could also face repercussions.
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