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

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

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.