Apple Inc. (NASDAQ:AAPL) had a busy week, with significant developments in the legal, technological, and market sectors. Here’s a quick recap of the key events.
Apple Scores Key Win As Trade Commission Rejects Masimo‘s Bid To Reinstate Apple Watch Import Ban
The U.S. International Trade Commission (ITC) has declined to review a previous ruling that cleared Apple’s redesigned watches of patent infringement, dealing a blow to Masimo Corp.(NASDAQ:MASI). This decision effectively ends Masimo’s latest attempt to reinstate an import ban on Apple Watch models in the U.S. The case revolves around blood-oxygen sensing technology, which Masimo alleges Apple copied after hiring away its employees.
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Apple Leans Into Edge AI With M5 Chip Push, BofA Calls It ‘Meaningful Step’
Apple is positioning itself as the “ultimate edge AI play” through its latest internal hardware developments. In a recent note, BofA Securities analyst Wamsi Mohan reiterated a Buy rating and a $325 price forecast for the tech giant. The focus remains on the newly expanded M5 chip family, which …
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