No 'Razzle-Dazzle' With Latest iPhone, But Apple Wowed With These 2 'Glowtime' Announcements, Says Gurman
Portfolio Pulse from Shanthi Rexaline
Apple's recent Glowtime event unveiled the iPhone 16, which did not meet expectations with its hardware updates but introduced significant health features. The iPhone 16's upgrades were mostly refinements, while the highlight was the new health features, including hearing-aid software for AirPods Pro, approved by the FDA. These health initiatives are seen as Apple's future legacy.
September 15, 2024 | 8:32 pm
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Apple's iPhone 16 launch was underwhelming in terms of hardware innovation, but the introduction of new health features, including FDA-approved hearing aid capabilities for AirPods Pro, could drive future growth. These health initiatives are positioned as a key part of Apple's legacy.
While the iPhone 16's hardware updates were not groundbreaking, the introduction of significant health features, such as the hearing aid capabilities for AirPods Pro, positions Apple well in the health tech space. This could attract new users and drive future growth, positively impacting Apple's stock.
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