Apple and Masimo Shun Money for Injunctions in Smartwatch Fight

Apple Inc. and medical-device maker Masimo Corp. faced off twice in recent weeks over smartwatches, first in a Delaware patent-infringement jury trial and then in a California trade-secrets bench trial. Neither offered the chance for a substantial payout.

In Wilmington, Del., Apple spent five days persuading jurors to award $250, the minimum it could seek to get the federal jury trial it wanted as part of its effort to block Masimo’s current smartwatch products. Across the country in Santa Ana, Calif., Masimo relinquished its previous bid for $1.85 billion in damages after a jury deadlocked last year, successfully pushing to ...