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Apple shares fall after $5.7 billion patent verdict

The jury found Apple’s Taptic Engine infringed two patents covering haptic-feedback technology used in iPhones and Apple Watches.

Reported · Written up by our desk · Analyst Ratings

Apple shares fell on Tuesday, Sept. 29 after a federal jury ordered Apple to pay Taction Technology more than $5.7 billion over Taptic Engine patents, creating a new legal overhang, MarketBeat Ratings said.

The verdict came on Friday, Sept. 25, after the jury found Apple’s Taptic Engine infringed claims in two patents tied to haptic-feedback technology used in iPhones and Apple Watches, according to MarketBeat Ratings.

Apple said it will appeal the decision. MarketBeat Ratings added that while the $5.7 billion one-time payment could be significant in absolute terms, Apple generated nearly $117 billion in operating cash flow during the first nine months of fiscal 2026.

The outlet said investors are also focused on the potential for an ongoing royalty tied to the verdict, which could affect hardware margins if it becomes part of the final outcome.

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