Apple Introduces Satellite Texting For iMessage And SMS
Portfolio Pulse from Benzinga Newsdesk
Apple has introduced a new feature for iMessage and SMS that allows users to send texts via satellite. This innovation is expected to enhance communication capabilities, especially in areas without cellular coverage.
June 10, 2024 | 5:24 pm
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POSITIVE IMPACT
Apple's introduction of satellite texting for iMessage and SMS is a significant innovation that could enhance user experience and drive further adoption of Apple devices.
The new feature is a major innovation that could attract more users to Apple's ecosystem, potentially increasing device sales and user engagement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Globalstar (GSAT) is likely to benefit from Apple's new satellite texting feature, as it may be involved in providing the satellite infrastructure for this service.
If Globalstar is providing the satellite infrastructure for Apple's new feature, it could see increased demand for its services, positively impacting its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80