Apple Watch ban in the US could be just a minor setback for Apple’s earnings\u060c<\/p>\n
Apple recently made a quick decision to stop selling the Apple Watch Series 9 and Apple Watch Ultra 2 in the United States. The move stems from the need to comply with a looming ban following a court ruling earlier this year, which found Apple guilty of infringing the pulse oximeter patent held by medical technology company Masimo. In light of this situation, AppleInsider<\/a><\/span> reveals that analysts at global financial services leader JP Morgan predict the effect of the ban will reach around $5 billion in sales, equivalent to just 1% of Apple's total annual sales. Simply put, if the International Trade Commission (ITC) ban persists and Apple Watch Series<\/a> 9<\/span> And Apple Watch Ultra2<\/span> If they are banned from entering the United States, the impact on Apple's revenue will be relatively minor. The estimates contained in the analyst note are based on data from IDC, a global player in market intelligence. According to IDC, Apple ships approximately 43.9 million Apple Watch units per year, with an average selling price (ASP) of $466, generating an estimated revenue of $20 billion. <\/p>\n Assuming that new models account for 80% of shipments and that about 30% of the world's smartwatches are sold in the United States, JP Morgan arrives at a rough figure of $5 billion impact on total annual sales. For reference, Apple's annual revenue for 2022 was $394.328 billion. <\/p>\n The JP Morgan note highlights that the true impact of the ban depends on two factors: the length of the ban and Apple's ability to encourage American consumers to switch to older models. Directing customers to the initial Apple Watch Ultra seems like a breeze due to minimal differences, but convincing them to opt for older series models could pose a more difficult task.<\/p>\n Despite the cessation of direct sales, fear not: third-party retailers maintain a stockpile of older models, ready to meet the needs of eager customers. Apple also has a few tricks up its sleeve to keep the Watch Series 9 and Watch Ultra 2 on shelves. One option in play involves Apple's engineering team racing against time, tweaking the algorithms that power the pulse oximeter on the market. Apple Watch Series 9<\/span> and Ultra 2. The goal? Ensuring that this functionality no longer encroaches on Massimo patent territory.<\/p>\n Additionally, Apple, not one to accept setbacks, plans to appeal the decision and has called on the Biden administration to intervene before December 25.\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Apple Watch ban in the US could be just a minor setback for Apple’s earnings\u060c Apple recently made a quick decision to stop selling the Apple Watch Series 9 and Apple Watch Ultra 2 in the United States. The move stems from the need to comply with a looming ban following a court ruling earlier […]<\/p>\n","protected":false},"author":1,"featured_media":15519,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[103,1068,3287,3472,6421,5197,121],"class_list":["post-15518","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-apple","tag-apples","tag-ban","tag-earnings","tag-minor","tag-setback","tag-watch"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/15518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15518"}],"version-history":[{"count":1,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/15518\/revisions"}],"predecessor-version":[{"id":15520,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/posts\/15518\/revisions\/15520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=\/wp\/v2\/media\/15519"}],"wp:attachment":[{"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wikidollar.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}