Apple must pay Masimo an extra $184M for Apple Watch patent infringement
Key Points:
- Apple was found to have infringed a Masimo patent related to low-power pulse oximeter technology used in the Apple Watch and was initially ordered to pay $634 million in damages.
- A federal judge has now ordered Apple to pay an additional $184 million in interest on the damages, rejecting Apple's argument that this would be a windfall for Masimo.
- The judge ruled that the interest rate should match Masimo's borrowing rate rather than the 7% requested by Masimo, but annual compounding still significantly increased the total amount owed.
- Previously, Apple was also required to redesign the blood oxygen feature in two Apple Watch models following an International Trade Commission ruling to allow their sale in the US.