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Masimo CEO on Looming Apple Watch Ban: 'These Guys Have Been Caught With Their Hands in the Cookie Jar'
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Apple, just buy them, shut the company down, and fire everyone brought on with them. It's cheaper that way.
Apple Watch won't get banned.. Its the most popular health device in the world for consumers and saves lives... That's the angle that will keep it from getting banned...
Even though Masimo’s smartwatch didn't launch until 2022, it doesn't mean they didn't have the idea or plan to do so long before that. Besides, just because a company puts out a product or feature similar to an existing one doesn't necessarily mean they "stole" it.
Various products, features, etc. existed before Apple brought their own versions to market. Are you suggesting Apple stole all of those things?
This, however, is where patents and patent infringement allegations can potentially come into play as is the case here.
Well it's going to get banned unless the Biden Admin steps in. Considering that Hunter stayed for a getaway with the CEO of Masimo recently means they're likely not going to intervene. Only way would be Apple to cave in and come to the bargaining table. Too bad hostile takeovers in wall street movies don't happen in real life as Apple definitely has the muscle to do it.
... And so? ARM accepted, so where's the problem? I am not trying to defend Apple, but that's how, unfortunately, markets work.
It is true that a lot of innovation overlaps with what other people are doing, mostly because engineers often think alike, and it is not necessarily "theft" but rather like-mindedness. But it is also true that Apple beat Masimo to market with a smart watch (that also happens to read blood oxygen) and Masimo saw a chance to cut into that market once Apple proved it was worthwhile. Masimo is a medical device company trying to break into consumer electronics for the first time since it was founded in 1989.
So even if Masimo was first with the idea, they were late to the game. And that happens all the time in the world of patents, where inventions get locked up by a patent owner who can't commercialize it before a competitor, and then later try to commercialize it using lessons learned from watching the competitor. If Apple Watch had been a bust, Masimo probably wouldn't be trying to make their own consumer grade device just for the blood oxygen feature. In other words, Apple proved out the concept of a smart watch - something Masimo couldn't do on their own - and now Masimo wants in because they hold a patent to a sliver of the tech in the Apple Watch.
Hopefully this leads to the end of the apple watch altogether!!!!
Fingers crossed
Fingers crossed
Yeah, that’s not going to happen! The Apple Watch is saving lives daily (article below is only from 2022).
5 Times an Apple Watch saved a life — and how it did it
The life-saving potential of the Apple Watch has been well documented.
www.imore.com
<SNIP>
Apple can solve this with money. License the solution or buy the whole company, IP and everything.
No one needs an unreliable oxygen sensor or heart monitor in a smartwatch. An implant that never needs recharging is a better solution. -Elon/Neuralink
Regardless of whether you think Apple is wrong, no one should be applauding or defending the US patent system. It’s a broken system of legal extortion that stifles innovation, can be participated by only those with deep pockets, only “works” for those with deeper pockets, and only truly benefits the patent lawyers.
Apple is a VERY principled/stubborn company. They would rather bury this is in a mountain of legal cases for many years than buy Masimo, or capitulate to Masimo’s demand for a cut of all Apple Watch sales.
Don’t forget, Apple is suing Masimo, claiming Masimo is trying to halt Apple Watch sale to pave they way to for their own competing product.
There is no evidence that patents stifle innovation. To the contrary, if a patent is standing in someone's way, they can (and do) innovate around it if the risk of litigation is too great, and then patent their innovation.
If there were no patents, then people would just copy, copy, copy.
I'll also add that the U.S. is one of the most innovative countries in the world, despite the flaws of the patent system.
Patent Law Broken, Abused to Stifle Innovation
In 1895, George Selden patented the “improved road engine” powered by a “liquid-hydrocarbon engine of the compression type.” In other words, he patented the car. In 2003, Apple patented the glass staircase that appears in some of their stores. In 2012, Apple successfully sued Samsung for...
IP Laws Are Holding Back Innovation
If IP laws continue to be useful in the future, then we must open them up to multiple and evolving intellectual realities, especially those that seek to reward not just the creator in the individualist sense but also everyone involved in the creative process, from the individual to the community.
www.forbes.com
Google Scholar
My point is, there is plenty of evidence to suggest it does
While I think Apple should just pay Masimo for the tech they stole, Masimo's CEO's comment about "poaching talent" is out of line. Not only is that legal, but the reverse is blatantly ILLEGAL, and Apple themselves were convicted of related violations years ago under Steve Jobs. Companies must never be allowed to establish agreements not to hire each others' employees since that only benefits the companies while harming workers.
Those opinion pieces are citing abusive litigation but I don’t see where it’s stifling innovation. The Patent Office issues thousands of patents every month so it seems like there’s still lots of innovation going on from where I sit.Patent Law Broken, Abused to Stifle Innovation
In 1895, George Selden patented the “improved road engine” powered by a “liquid-hydrocarbon engine of the compression type.” In other words, he patented the car. In 2003, Apple patented the glass staircase that appears in some of their stores. In 2012, Apple successfully sued Samsung for...www.wired.com
IP Laws Are Holding Back Innovation
If IP laws continue to be useful in the future, then we must open them up to multiple and evolving intellectual realities, especially those that seek to reward not just the creator in the individualist sense but also everyone involved in the creative process, from the individual to the community.
Google Scholar
scholar.google.com
My point is, there is plenty of evidence to suggest it does
Patent Law Broken, Abused to Stifle Innovation
In 1895, George Selden patented the “improved road engine” powered by a “liquid-hydrocarbon engine of the compression type.” In other words, he patented the car. In 2003, Apple patented the glass staircase that appears in some of their stores. In 2012, Apple successfully sued Samsung for...
IP Laws Are Holding Back Innovation
If IP laws continue to be useful in the future, then we must open them up to multiple and evolving intellectual realities, especially those that seek to reward not just the creator in the individualist sense but also everyone involved in the creative process, from the individual to the community.
Google Scholar
My point is, there is plenty of evidence to suggest it does
I posted opinion pieces AND an economic study. There are many studies on this issue. so my point there was there is definitely evidence to suggest it does hinder innovation.
the idea behind patents is great, but the implementation often falls short of the ideal.
Falling short of the ideal is everything in life, no?
I work with engineers across multiple industries who are getting patents for their work and I see no hindrances. If anything, they just adapt to obstacles by being even more innovative. If the engineers see that someone else has a patent on the same idea, then they come up with a better idea. No one talks about this. The "hindering innovation" is a red herring in my view. Yes, the system can and should be reformed but there is broad disagreement about how to do that. I have no easy answers either.
I keep seeing people talking about Apple poaching employees but poaching employees is only illegal under very specific circumstances.
What I haven't seen are any details claiming Apple has committed any of those specific acts that make poaching illegal. Has anyone seen such information?
-kp
Yes, makes perfect sense. Purchase a profitable innovative company and then shutter it. Where did you go to business school again?
Masimo CEO abruptly quits - just in https://www.phonearena.com/news/CEO...-sales-and-features-resigns-abruptly_id163049 and Masimo investor relations confirms this: https://investor.masimo.com/news/ne...-Leadership-and-Business-Updates/default.aspx
Well he didn’t just quit voted him out And this is happening a few days ago not just now
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