Can Apple Carve Out A Niche In Consumer Health?
Apple Inc is setting its table in its hope to emerge as a leader in the health care industry. The new aspiration for the technology giant holds a good chance to take over the health market keeping in mind its vast user base and past successful penetration into the music and mobile services via iTunes and App Store.
As per analysts, consumers and investors can possibly expect future announcements from the company with innovations such as hearing aids in newer versions of AirPods or integration of blood pressure, glucose or sleep monitoring into the Apple Watch. Acquiring a healthcare company to help dive into the market may not come as a surprise either. Apple certainly has the balance sheet to move however they please at this stage.
Note that Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it.” To Learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.
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