Musk's SpaceX To Play Crucial Role In Improving iPhone's SOS Feature With Globalstar Satellite Launch
Portfolio Pulse from Benzinga Neuro
Apple Inc. (NASDAQ:AAPL) is partnering with Elon Musk's SpaceX to enhance the Emergency SOS capabilities of Apple's latest smartphones. Globalstar, Apple's partner, plans to spend $64 million over the next two years to use SpaceX's satellites. This partnership aims to improve the accessibility of emergency services for iPhone users, even without WiFi or cellular signal. These services are currently exclusive to the iPhone 14 line but are expected to be available with the upcoming iPhone 15 series.
September 04, 2023 | 1:53 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Apple's partnership with SpaceX to enhance the Emergency SOS capabilities of its smartphones could potentially increase the appeal of its products, potentially leading to increased sales.
The partnership with SpaceX to enhance the Emergency SOS capabilities of Apple's smartphones could make the iPhones more appealing to consumers, especially those who value safety features. This could potentially lead to increased sales of iPhones, positively impacting Apple's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100