Apple can no longer sell new watch series in US — but why?
Apple has currently appealed President Joe Biden's ban on new watch series
Apple is no longer able to sell the Watch Series 9 and Watch Ultra 2 in the United States following President Joe Biden's administration's decision not to veto the ban today.
On December 21st, Apple removed both devices from its website, and on December 24th, it removed them from its retail shelves. After "careful consideration," the agency "decided not to reverse the ITC's [International Trade Commission] determination," according to a statement from the Office of US Trade Representative Katherine Tai obtained by CNBC.
In another statement published by Reuters, an unnamed Apple spokesperson confirmed it’s appealing the ITC decision and said: “We strongly disagree with the USITC decision and resulting exclusion order, and are taking all measures to return Apple Watch Series 9 and Apple Watch Ultra 2 to customers in the US as soon as possible.”
After determining that Apple had violated a patent owned by a firm named Masimo regarding blood oxygen saturation technology, the ITC ordered the ban.
Additionally, it mandated that Apple cease selling any previously imported gadgets that contained the infringed technology.
Apple tried to overturn the ruling while waiting for an appeal, but the ITC rejected the company's request, and Biden's veto was the second option for intervention, which never materialised.
Only US Apple outlets are impacted by the prohibition. As long as supplies last, shoppers can still purchase a Watch Series 9 or Watch Ultra 2 at Best Buy, Target, and other stores.
-
Quantum stocks surge following US plans to award $2 billion and take equity stakes
-
Why does the Trump administration want to award $2 billion to quantum computing firms?
-
OpenAI eyes speedy IPO as market awaits SpaceX filing, source says
-
Mercury reaches $5.2 billion valuation on AI startup push
-
GameStop increases eBay stake as takeover battle escalates following rejection
-
China confirms order for 200 Boeing jets following Trump-Xi summit
-
Berkshire Hathaway’s new CEO Greg Abel reshapes portfolio: Biggest changes explained
-
Home Depot says core shopper remains ‘resilient’ despite higher gas prices
-
Standard Chartered to cut more than 7,000 jobs as AI use accelerates: What you need to know
-
‘A difficult boss’: StanChart CEO Winters issues major statement on Warsh’s new Fed role
-
Meta outlines sweeping layoffs amid AI-driven restructuring in internal memo
-
Chinese greenfield investment in Europe reaches record high