Apple Event: Apple Announces Roadside Assistance Via Satellite
Portfolio Pulse from Benzinga Newsdesk
Apple has announced a new feature for its devices that will provide roadside assistance via satellite. This feature is expected to be a part of the company's broader push into the automotive industry.

September 12, 2023 | 5:50 pm
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POSITIVE IMPACT
Apple's new roadside assistance feature could potentially increase the company's revenue and attract more customers.
The announcement of a new feature that provides roadside assistance via satellite could potentially increase Apple's revenue as it may attract more customers who are interested in this service. This could also be a part of Apple's broader push into the automotive industry, which could further increase the company's revenue in the long term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
As a satellite communications company, Globalstar could potentially benefit from Apple's new feature if it is involved in providing the satellite services.
Globalstar, as a satellite communications company, could potentially benefit from Apple's new feature if it is involved in providing the satellite services. However, the article does not specify whether Globalstar is involved in this feature, so the impact is uncertain.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50