‘Apple must increasingly rely on new products to reignite growth beyond the vision' of late founder Steve Jobs, said Bill Kreher, an analyst with Edward Jones Investments in St. Louis.
Apple is thinking somewhat much bigger:
Apple CEO Tim Cook has guaranteed that this coming year company will unveil new product categories which many technology analysts believe could include a new smart watch or TV offering.
Nevertheless, according to a San Francisco Chronicle report which cited unnamed sources Apple has much larger aspirations for future growth along with two areas which seems intent on exploring are automotive realm and medical devices. According to report Adrian Perica the head of Apple's mergers as well as acquisition department met with Tesla CEO Elon Musk analyst suggested Apple obtain the electric car company. According to report that it is suggested that partnership is more likely among the companies than a direct takeover. Meanwhile the report said Apple is looking car with heavily sensor technology which helps in predict heart attacks. A renowned audio engineer Tomlinson Holman invented THX and 10.2 surround sounds is primary leading an effort at Apple to find way to predict heart attacks by studying the sound blood makes at it flows through arteries.
The company's senior vice-president of operations, Jeff Williams has met with US Food and Drug Administration chief Doctor Margaret Hamburg and Doctor Jeffrey Shuren who oversees the agency's approval for medical devices to discuss "mobile medical applications" the paper reported, citing FDA records. Adrian Perica state that over the past 18 months mergers and acquisitions chief at Apple has been scouring the world looking for agreement snatching up everything from search engines and data analytics to mapping software and motion tracking chips.
Such a buying bender has ignited fierce speculation in technology circles and on Wall Street about Apple's future ambitions, especially as tablet and Smartphone sales start to slow. Most of that assumption has centered on wearable technology, perhaps a souped up upgrade of Apple TV. Perica met Tesla CEO Elon Musk in Cupertino last spring around the same time analysts suggested Apple acquire the electric car giant. A spokesperson for Tesla declines the comment. Apple didn't react to a request for this comment. The newspaper has also learned that Apple is heavily exploring medical devices particularly sensor technologies which can help predict heart attacks. Together Apple's potential forays into automobiles and medical devices two industries worlds away from consumer electronics underscore the company's deep desire to move away from iPhones and iPads and take big risks.
Apple is not new for the world in cars. It has taken awareness in this field in the past. Apple released its revolutionary strategy that it would include the IOS for vehicles. Previously, we got idea of the implementation of this strategy. It is still unclear about how that idea is linked to meeting of Apple's executives with Tesla's. One more incident might throw light into the plans of Apple. The VP of Apple's hardware left the company to help the Tesla in making cars. This secret synchronization might have something hidden that will turn up big time in the future hopefully. We might see a innovatory car from Apple. That day may not be far away from anyone.
Users of Apple devices might be surprised:
The user of Apple devices might be stunned to hear the plans of their beloved company. Apple is miraculously looking to expand its horizon of devices into various other fields that are very difficult to predict at the moment.
Apple is estimated to launch the iPhone 6, a mid-range Smartphone it may also launch wearable devices such as iWatch in the second half of the year.
Apple can use its huge iTunes and iPhone base to get into mobile payments or advertising. Apple report lower than expected iPhone sales for the holiday shopping quarter and gave a weaker than expected revenue forecast.