A U.S. federal jury has ruled that Apple owes medical technology company Masimo $634 million for patent infringement related to the blood oxygen-sensing technology in the Apple Watch, reports Reuters. Apple will appeal the verdict.

“We are pleased by this outcome, and appreciate the time and attention given to our case by the court and the jury,” said Masimo in a press release.” This is a significant win in our ongoing efforts to protect our innovations and intellectual property, which is crucial to our…