you should look into getting a degree in law then$70 MILLION in one year? That's $8000 per hour if billed for every hour of the year. That's almost criminal in itself...
Go back 20 years. Apple settled for $100 million because someone with a vague "music playing device" concept patent claimed that the ipod infringed. Steve Jobs saw patent trolls as an existential threat and directed everyone to start patenting anything they could think up, even if it wasn't practical and never planned to make it into a product. You could speculate that the threat has been neutralized by this strategy, and Apple is still here because of it.And this is Apple’s strategy, a risky one. Apple likley knows Masimo doesn’t have any cash in long run so continuing the lawsuit will drain them. Classic strategy in hopes for Masimo to settle in favor of Apple’s term or company shuts down and sell the patents. Or best yet, Apple buys the company just for the technology.
Apple will bleed them dry and then buy them with cash for pennies on the dollar. Oops…forgot. We don’t make pennies anymore. Ok, Apple will by them for nickels on the dollar.Ugh. Settle and let us have O2 once again.
I’ve given my series 7 with blood oxygen to a family member, and I have kept my pre-ordered series 9 that has blood oxygen still enabled, I tell everyone the issues with new Apple watches is they are missing this critical feature and until Apple restores it, it’s useless to purchase one that has it disabled in hopes that it will one day become enabled.I just want my blood oxygen sensor re-enabled, make it happen.
Can you demand that the company or person you sue pay your legal fees if they lose the case?Legal fees are insane. I have gone through a couple of lawsuits at work where we sued a couple of sleazy competitors, won both cases and lost a ton of money in the process.
Or Masimo. The fun of a settlement.They should settle. Apple needs to pay fairly for the license. They refuse to do so.
The problem is Masimo did not want a few cents per watch sold. Per an article in MacRumors, they wanted $100/watch.Apple is such a stingy bunch. They love to get on the stage to say how much they care about people’s health, yet they’re shipping the watch without an essential feature. It would’ve cost them a few cents per watch sold to have the sensor. In the process, they’re also attempting to kill a company that innovates in the healthcare field.
You can always get another degree. Education never ends (unless a taco kills it all).The only ones who win are lawyers …
Why didn’t I become one!!
You assume Apple wanted to license it. I have a feeling they did not.What is the endgame for Masimo? Wouldn't a simple licensing agreement 5 years ago been more profitable?
They did not want to license the patient to Apple.At this point it feels like Apple’s strategy is to drown them in legal fees rather than just pay them some pittance to go away. I sincerely hope this year’s Apple Watch models will have a redesigned pulse-ox sensor, because continuing to ship watches with a disabled sensor for a year-and-a-half is absolutely deranged.
I could see a class action lawsuit from Apple Watch customers who were denied access to the SpO2 sensor.They should settle. Apple needs to pay fairly for the license. They refuse to do so.
Except Masimo did not want to license the patient.Apple is such a stingy bunch. They love to get on the stage to say how much they care about people’s health, yet they’re shipping the watch without an essential feature. It would’ve cost them a few cents per watch sold to have the sensor. In the process, they’re also attempting to kill a company that innovates in the healthcare field.
To be fair most of the damage was done by the previous CEO and the board who approved the move to buy sound business united for over a billion dollars and then sell at basically a 66% loss.Masimo is a public company, after earnings announcement this week stock slid 10+%, now their market cap is $7.8B. I don't think they were ever cash strapped in the past 5 years of this litigation ...
News of the sale of Masimo Corp.’s consumer audio unit may be music to the ears of investors, even at the steep discount from its original purchase price. Samsung Electronics Co. Ltd.’s Harman International Industries Inc. unit snapped up the Sound United business for about $350 million – roughly one-third of the $1.025 billion Masimo paid for the company in 2022.
An example of the whole problem with the system.What is the endgame for Masimo? Wouldn't a simple licensing agreement 5 years ago been more profitable?
Why didn't you?The only ones who win are lawyers …
Why didn’t I become one!!
It depends on the court, prior precedent, the judge (or magistrate), and even the laws of the place the suit is happening in.Can you demand that the company or person you sue pay your legal fees if they lose the case?
I didn't read that into Julie's writing at all. "Here's what it costs to sue Apple", and that's all the article was about.What a disgusting angle. It's like the writer is saying Masimo is reaping karma for DARING to sue Apple.