No,
Apple hired ex Masimo employees - this is business, not a backyard BBQ with your buddies - people leave jobs for better ones - and designed their SPO2 monitor with the skill of that staff. Masimo alleges the one Apple designed is a patent infringement. There will no doubt be overlaps because the same techs at Masimo that Masimo could not even hold on to got jobs at Apple and designed their one. So there's overlaps in the technology that Masimo claims is patented. There is a patent yes, but there's only so many ways an SPo2 monitor can work - so at some point there was bound to be overlaps and when Masimo saw them they obviously were bitter at losing staff, and saw a quick way to make money. So they took legal action claiming patent infringement.
Apple actually did something with the tech, they put it in watches and saved lives. Masimo just hung around with the patent waiting for someone (because like i said, there's only so many ways to make an SPO2 monitor) to infringe and then pounced like trolls.
I hope Apple buries Masimo so far deep in whatever they have planned that their name is wiped from history