Siri AI Is Here. Apple Finally Has a Conversational Assistant Worth Using. — Glitchwire

Apple must pay Masimo an additional $184M in interest for patent infringement related to Apple Watch's blood oxygen feature, on top of the $634M already ordered. Judge rejected Apple's argument against interest, citing Supreme Court guidance. Masimo sought 7% interest, but the judge set it to Masimo's borrowing rate, resulting in $184M after compounding.

Apple insiders, including former CEO Tim Cook and current CEO John Ternus, sold over 250,000 shares on October 2, totaling $87 million. Cook sold 191,753 shares at $332.96, Ternus sold 25,412 shares at $332.94, and SVP Deirdre O’Brien sold 46,389 shares at $333.42. Apple's stock is up 28.60% YTD, outperforming Microsoft and the Nasdaq-100 and S&P500 indices.

The Federal Court of Australia ordered Apple to restore the PlayWest betting app, which was removed without notice. Apple cited fraud concerns for the removal. The ruling requires Apple to reinstate the app on its devices.

Qualcomm and Apple renewed their global patent licensing agreement, effective April 1, 2027. The deal includes a multi-year chipset supply agreement, with Apple expected to use Qualcomm modems in some iPhones starting in 2023.

A federal judge ordered Apple (AAPL) to pay $184M in interest on top of a $634M patent infringement award related to its Apple Watch. The total payment, including pre- and post-judgment interest, is $818M. Apple's stock is currently trading at $332.89, which is 15.7% above its GF Value™ of $287.77, indicating overvaluation. The company has a GF Score™ of 95/100, with strong profitability and growth metrics but concerns about its valuation.

Apple must pay $184M in interest on a $634M patent loss to Masimo, ruled by a federal judge. The interest covers Apple Watch sales with heart-rate features, rejecting Apple's windfall argument.