> Why didn't Masimo counter Apple's offers and pay their employees what they are worth?

Was Apple paying them what they were worth, or did they pay them more than they were worth in order to damage Masimo? I don't think we know enough to say one way or the other. There must be some level at which poaching employees with inflated salaries crosses the line into anticompetitive territory.

Masimo is a profitable company, but that doesn't mean they can survive a bidding war against Apple.