Apple Stock Prediction: Gadgets For Diabetes Management Could Provide Apple A New Source Of Revenue

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know FirstSummary:

AAPL Stock Prediction

Summary:
  • Apple is reportedly testing a smart band for blood glucose level monitoring. The said smart band will allegedly work as an add-on for the Apple Watch.
  • A smart band for diabetics to continuously monitor their blood sugar level offers plenty of economic potential for Apple.
  • There are more than 422 million people around the world that suffers from diabetes. That’s a huge market for wearable blood sugar tracker.
  • Selling diabetes-focus smart bands helps Apple lessen its dependency on iPhone sales.
  • AAPL has strong buy signals from the market trend algorithmic forecasts of I Know First.

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