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Apple Inc. Watch 2 is Coming
Apple Watch 2 is Coming
Date Published: 2016-08-10Author: Ophir Gottlieb
Preface
The second incarnation of the Apple Inc. (NASDAQ:AAPL) Watch, likely to be called the Apple Watch 2, will be coming later this year along with the next iPhone. The rumor mill has begun again, and we may have a better idea of what the new Watch will bring.
STORY
Forbes reported on KGI Securities analyst Ming-Chi Kuo -- also knows as the Apple whisperer, and his new feedback on the Apple watch 2.
The hope from investors was that Apple Inc. would bring about a wearable that was in fact untethered from the iPhone. That would mean a Watch that people could see instead of their phone for walks or runs, or anything. An untethered Apple Watch 2 would have had a Facetime screen, video conferencing and a host of other features that would have made the device a truly stand-alone product.
While those were the hope, we have learned a little less than that today. Kuo has forecasted that the Apple Inc. (NASDAQ:AAPL) Watch, take 2, will have a faster processor, better waterproofing and a barometer sensor.
Other upgrades include the a longer battery life while keeping the Watch as thin as the previous one. Perhaps the biggest change for the Apple Watch 2 is GPS capability. That functionality certainly adds a bit of that special sauce for a stand-alone device, but does not go all the way. Kuo further reported that the older Apple Watch, take 1, will get revamped processors and waterproofing. On top of that, Apple Inc. is purportedly considering a price drop for Apple Watch 1, which is common for Apple when next generations of products get released.
THE REAL SECRET
The Apple Watch will end up being a big success once it is truly untethered from the iPhone. A product that can be used instead of the iPhone for light trips or exercise. But the stunning secret in Apple's tool belt of new products appears to surround one of two moves: First, Apple Inc. just filed a patent for a rather staggering hardware that we might as well call the iRing. The patent surrounding it is tremendously ambitious and reads like an iPhone and Apple Watch combination.
The second narrative is Apple's distinct move into medical technology. At CML Pro, we do believe a major announcement is coming very soon surrounding a new piece of hardware for Apple Inc. that will catapult it forward in the booming segment that is medical device technology -- and yes, we do believe Apple Inc. (NASDAQ:AAPL) will be moving forward with an FDA approval application.
The author is long shares of Apple Inc.
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