U.S. Customs and Border Protection determined on Friday that Apple (AAPL) can use a redesign to bypass an import ban issued by the U.S. International Trade Commission on Apple’s current Series 9 and Ultra 2 watches stemming from the company’s patent infringement dispute with Masimo (MASI), according to Reuters, citing a Monday court filing.
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Read More on MASI:
- Apple (NASDAQ:AAPL) Takes Another Hit in Latest Patent Lawsuit
- Federal Court of Appeals affirms ruling in Masimo, Apple patent dispute
- Masimo price target raised to $125 from $85 at Stifel
- Masimo sees FY24 EPS $3.44-$3.60, consensus $3.08
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