I was wondering about that. At what point does it became more economic to just take control of the company?Masimo is publicly traded and not very big. Apple should just buy them and end this.
I was wondering about that. At what point does it became more economic to just take control of the company?Masimo is publicly traded and not very big. Apple should just buy them and end this.
THIS is the reason Apple has gone this route. If Massimo wasn’t running the greedy medical device company playbook they’d be getting income per watch til their patents run out.The problem is Masimo did not want a few cents per watch sold. Per an article in MacRumors, they wanted $100/watch.
Massimo Article in 2024
If Apple were to even hint in that direction the stock price would balloon overnight making an acquisition much more costly. (They’re a publicly traded company)I was wondering about that. At what point does it became more economic to just take control of the company?
I would like to upgrade eventually, but I have to have an O2 sensor to check my oxygen levels. Until then, I’m using my Ultra 1.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.
Masimo’s reported $70 million in legal spending for 2024 covers a broad range of litigation activities, including legal strategy, filings, expert testimony, court appearances, and administrative costs, not just billable hours. Attorneys often bill by the hour, but senior partners in major cases can command rates around $2,400–$3,000 per hour.$70 MILLION in one year? That's $8000 per hour if billed for every hour of the year. That's almost criminal in itself...
No relief is coming. Appeals and strategic defenses by Big Tech are hardly unprecedented, and courts generally tolerate such motions, making fee awards improbable unless the behavior is egregiously out of bounds.If the courts don’t grant Masimo relief from Attorney fees then they may just settle with Apple 🍎 especially since they know in 2028 their patents will expire and then they will
get nothing from Apple 🍎 not a penny 🪙
An example of the whole problem with the system.
If Masimo won, Apple should have to pay 100% of ALL legals fees for Masimo.
That's no reason to steal.THIS is the reason Apple has gone this route. If Massimo wasn’t running the greedy medical device company playbook they’d be getting income per watch til their patents run out.
I’m sure they were looking it as lost sales of their existing products/services for each watch sold. They don’t want people to get that feature without paying them directly.
Yes. Apple was greedy, but so too is Massimo. They should settle and strike a licensing agreement going forward (unless Apple does come up with its own O2 measuring tech that is different enough to get past the ITC)
I'd assume the endgame is to recoup that money from the court case or from Apple agreeing to settle (unlikely). The alternative is basically signalling that it's okay to steal from them as long as you have enough money to game the legal system.What is their end game? Apple isn't paying them any fees yet so they've sunk nearly $200M and have yet to show anything for it?
Seems like the board would want to fire the CEO for wasting company resources. The return on investment should meant that they are hoping to receive at minimum $200M to break even and maybe as much as $600M on the optimistic side. But right now, my understanding is they have received $0.
Masimo sued Apple, had most of its claims dismissed and only one that went to the jury had all but one of the jurors side with Apple resulting in no jury verdict. Masimo instead went to the ITC, with no jury, and received an import ban which Apple is currently appealing.the courts might grant Masimo relief IF Masimo would sue Apple - that didn't happen, Masimo went down the ITC route and was successful and resulting in the import ban ...
Masimo was unable to convince a jury that Apple infringed. What makes you so sure they should owe anything?They should settle. Apple needs to pay fairly for the license. They refuse to do so.
The ITC, the court that ruled in Maximo’s favor, cannot grant any monetary damages and in their other case where monetary damages were an option, all but one juror voted against Masimo, leaving them without a jury verdict.If the courts don’t grant Masimo relief from Attorney fees then they may just settle with Apple 🍎 especially since they know in 2028 their patents will expire and then they will
get nothing from Apple 🍎 not a penny 🪙
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.
Masimo was unable to convince a jury that Apple infringed on their patents. Six of the seven jurors voted in Apple’s favor.That's no reason to steal.
It would but Apple ignored them, esentially stealing the tech from Masimo. Pity that a trillion-dollar company acts like a child.What is the endgame for Masimo? Wouldn't a simple licensing agreement 5 years ago been more profitable?
The endgame is ensuring thieves face justice and accountability.What is the endgame for Masimo? Wouldn't a simple licensing agreement 5 years ago been more profitable?
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 ...
What is the endgame for Masimo? Wouldn't a simple licensing agreement 5 years ago been more profitable?