Important Points
According to a filing with the International Trade Commission, Apple has lost its attempt to postpone the impending ban on Apple Watches.
A halt to watch sales in the United States can only be avoided by an impromptu intervention from the White House.
According to a filing with the International Trade Commission, Apple has lost its attempt to postpone the impending import ban on Apple Watches, which means that only a last-minute intervention by the White House will be able to stop a halt in sales of some of the devices in the United States.
Apple announced earlier this week that it will stop selling the Apple Watch Series 9 and Apple Watch Ultra 2, the two models it released this year, on its website on Thursday and in Apple stores after Sunday. Older models will still be sold by the company.
The action is a reaction to orders that the ITC issued in October after discovering that the blood oxygen sensor on the Apple Watch had violated intellectual property owned by Masimo, a hospital-supplied medical technology company.
Since the company revealed on Monday that it would be pausing sales, Apple’s stock has decreased by less than 1%. Wednesday’s extended trading saw no change in shares.
The ban is still subject to President Joe Biden’s veto power, but he has not indicated that he will.
Reporters were informed on Tuesday that White House press secretary Karine Jean-Pierre “is tracking this case and the Dec. 25 deadline.”
Ambassador Katherine Tai is “carefully considering all of the factors in this case,” according to Jean-Pierre, who stated that the U.S. Trade Representative “has the President’s delegated authority to make these determinations.”
Apart from the allegations of infringement, Joe Kiani, the CEO of Masimo, has also charged Apple with deceiving his business by holding discussions about partnerships and acquisitions before methodically stealing his technical employees.
Kiani stated on Monday to CNBC
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