Apple Plans Rescue for $17 Billion Watch Business in Face of Ban Apple Watch

https://www.bloomberg.com/news/articles/2023-12-18/apple-plans-rescue-for-17-billion-watch-business-in-face-of-ban

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u/ryry163 Dec 19 '23 edited Dec 19 '23

The biggest difference between the Apple v Samsung case is Apple is an American company while Samsung is not. This an American against another American company. If Biden vetoes this it shows that the largest company in the world does not need to follow IP law which would just be a ridiculous statement to make. They can afford the license and afford the r&d to make their own sensor. The govt protecting them here would make absolutely no sense

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u/MC_chrome Dec 19 '23

Haven’t most of the patents surrounding O2 readers/sensors expired already?

A Presidential veto could also send the message that Masimo’s O2 products simply aren’t protected by the patent system anymore

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u/ryry163 Dec 19 '23

Nope the specific patent in this case are protected till 2028. Would be a very odd statement for Biden to make. Why does the largest and most profitable company in the world need government intervention when they got caught stealing? Why can’t Apple just face consequences for their mistake?

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u/MC_chrome Dec 19 '23

Speaking purely from an economical point of view, Apple adds more to the American economy than Masimo does. The Apple Watch side of Apple’s business does more in sales every year than Masimo’s entire $6 billion valuation

When weighing the two, would you favor the $6 billion business over the $19 billion one?

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u/ryry163 Dec 19 '23

Not if one business stole from the other which has been clearly illuminated. You really are trying to convince me that stealing is okay because I’m the biggest company in the world? What the actual fuck???

If you are trying to say the supply chain will get economically hurt from this. Well that’s not Biden’s problem either. 100% of Apple Watch manufacturing is off shore. And to say that Apple will add that 19 billion to our economy is preposterous. Apple is hqed in Ireland for a reason. That 100 billion in profit this year will be barely seen by the us govt. I think Apple paid about 7 billion in taxes last year but hid about 70billion in Ireland. Don’t play this bs game of Apple is helping the US economy. They just care about themselves and profiting for themselves

https://amp.theguardian.com/technology/2023/apr/09/profits-apple-irish-division-rise-to-69bn-corporation-tax