jordanlund@lemmy.world 10 months ago
I wasn’t aware that they actually LOST the case, just that it was “disputed”. Wow.
Pulse oximeters retail for about $20, they couldn’t just settle? Offer them back $10 to $15 per watch sold?
jordanlund@lemmy.world 10 months ago
I wasn’t aware that they actually LOST the case, just that it was “disputed”. Wow.
Pulse oximeters retail for about $20, they couldn’t just settle? Offer them back $10 to $15 per watch sold?
BigBlackBuck@lemmynsfw.com 10 months ago
I believe the company didn’t want to license or settle because they are producing their own smart watch, but I don’t remember where I read that.
lobsticle@lemmy.world 10 months ago
I wonder if they’re a publicly traded company. Given the choice between this company trying to compete in the marketplace against Apple versus a guaranteed revenue stream from licensing and royalty fees (and likely a lucrative one at that), I’m pretty sure I know which the shareholders would pick. If this company ends up doing the former and going under, I can just smell the shareholder lawsuit that would ensur.
BigBlackBuck@lemmynsfw.com 10 months ago
They are public, NASDAQ: MASI
Stock price $116.75, YTD down 20.05%