Apple Tribunal Win Ends Watch Ban Threat, Shares Jump 2.6% to $270

A U.S. trade tribunal ruled April 17, 2026, for Apple, rejecting Masimo’s bid to reinstate an import ban on redesigned Apple Watches after declining to review a March finding of no patent infringement. This follows ITC import blocks in December 2023, Apple's August 2025 reintroduction of the blood-oxygen feature via U.S. Customs approval, and Masimo's separate $634 million November patent verdict that Apple plans to appeal. Shares rose 2.6% to $270.23, though Masimo can still appeal to the Federal Circuit.