Apple’s next trick? Wearable tech, analyst says
LOS ANGELES – Apple’s next big venture could be wearable technology, starting with a “smart watch.”
In a note released Wednesday, Gene Munster of Piper Jaffray said he expects Apple to jump into the wearable tech market some time in 2014 or beyond.
“We believe that wearable computers will ultimately be a major future trend,” the note said. “Longer term (over the next 10-plus years), wearable computers could eventually replace the iPhone and smartphones in general.”
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