Wearable Devices' Mudra Band For Apple Watch Is Available For Preorder
Portfolio Pulse from Happy Mohamed
Wearable Devices Ltd. announced that its Mudra Band for Apple Watch is available for preorder. The AI-powered touchless sensing wearable allows users to operate Apple devices using finger movements and hand gestures without physical touch.
May 25, 2023 | 12:47 pm
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NEUTRAL IMPACT
The Mudra Band, an accessory for Apple Watch, is now available for preorder. It allows users to control Apple devices using touchless gestures.
While the Mudra Band is an accessory for the Apple Watch, it is not directly produced by Apple. The impact on Apple's stock price is likely to be neutral, as the product may increase the appeal of the Apple Watch but is not a core offering from the company.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Wearable Devices' Mudra Band for Apple Watch is available for preorder, with thousands of preorders already received. Shipments are expected to begin in the second half of 2023.
The announcement of the Mudra Band's availability for preorder and the thousands of preorders already received indicate strong demand for the product. This is likely to have a positive impact on Wearable Devices' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100