Tag AAPL

Apple is removing a blood-oxygen sensor from some of its smartwatches to get around a patent dispute related to the technology, a step likely to avoid further sales disruptions but one that may raise questions about the company’s push into health. The company halted sales of some watch models briefly last month after a U.S. import ban went into effect stemming from an October ruling by the U.S. International Trade Commission. The trade agency found Apple had violated the patents of medical-technology company Masimo related to the blood-oxygen tool...

Apple has received approval to change the way its smartwatches function so the company can overcome the Apple Watch ban imposed by a US court. The fix would eliminate a feature Apple has marketed as a way for customers to monitor their health...

(Reuters) -A U.S. law enforcement agency has determined that Apple can use a redesign to bypass an import ban on newer Apple Watch models stemming from its patent infringement dispute with Masimo, the medical-monitoring technology company said in a court filing on Monday. The import ban, issued by the U.S. International Trade Commission (ITC), applies to Apple's current Series 9 and Ultra 2 watches and initially went into effect on Dec. 26. Apple convinced the U.S. Court of Appeals for the Federal Circuit to pause the ban the next day, and has since resumed selling the watches as it contests the import ruling...

Wedgewood Partners, an investment management company, released its fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, Wedgewood Composite’s net return was 11.4% compared to the Standard & Poor’s 11.7%, Russell 1000 Growth Index’s 14.2%, and Russell 1000 Value Index’s 9.5% return for the same period. […]...

The Oracle of Omaha is closely followed by investors looking for new ideas, but this business gets most of the attention...

Tsai Capital Corporation, an investment management firm, released its fourth quarter 2023 investor letter. A copy of the same can be downloaded here. For the year ended December 31, 2023, the Tsai Capital Growth Equity Strategy gained 56.81%, gross of fees, and 55.07%, net of fees, as compared with a total return of 26.29% for […]...

Berkshire Hathaway is on pace to collect around $6 billion in dividend income this year. More than three-quarters of it will come from six core holdings...