In today's Apple Daily Digest, we see why Apple might not be in any financial trouble for a while, more iWatch rumors and predictions and why is Apple building a humungous network in total secrecy?
What is common between Apple and the Oil companies?
A post on CNN Money puts Apple's gorgantuan financial prowess into a compact plot. As seen from the above plot, Apple's profit/earnings compare to top Oil companies not just once, but five times in the recent history. This is what has contributed to the huge pile of cash that Apple is sitting on, around $160 billion (most of it is sitting off shore though).
Now the financial analysts who always seem to come up with reasons for AAPL's stock movement after it moves, than predict it preemptively, can explain why the stock plummetted almost $50 [CNBC] after a record quarterly result announcement (and why GOOG rose around 4% [SeekingAlpha] after disappointing the Street!), but Apple certainly does not seem to have to worry, at least not financially and not in the near future.
Apple's iWatch could be a big cheddar winner for Apple
It is not uncommon for Apple products to be analyzed, reviewed and even chastised in more detail that some of the existing products from other companies. Other than the mythical Apple TV, the Apple iWatch is probably the most rumored Apple product recently. Now a new post from a Morgan Stanley analyst, Katy Huberty [via CNET] suggests that the Apple iWatch could garner more than what the iPhone and the iPad together managed to get in their first years, i.e., more than $17.5 billion in revenue during the first 12 months.
$299 is an interesting prediction in the post and based on the recent Pebble Steel [$249] and the Samsung Galaxy gear [$299] pricing, it might not be too much off the mark either. Also interesting is the fact that the analyst rightly calls the rumored iWatch, a companion device to other Apple devices, than a stand alone device. If the iWatch does get introduced this year, Apple would have definitely learned a thing or two from Samsung's (horrific) experience [via The Verge].
iWatch team gets a new sleep expert
We all have heard about how a 'lot' of engineers are working on the rumored iWatch at Apple and how serious Apple is on this wearable technology product. With Tim Cook promising new categories this year [Macworld], the iWatch is one of the most expected new product from Apple. It has already been rumored to be a companion device and act as an excercise monitor, notifications assistant, etc.
Now it seems that Apple has added another talent to this already stacked iWatch team, a sleep expert from Philips Research, Roy J.E.M Raymann [9to5mac]. Almost all the health monitors in the market right now like the Fitbit, the Nike Fuelband, etc. have this sleep monitoring feature and it is only logical to expect the iWatch to possess the same. With new age digital watches like the Pebble gaining momentum, the time is indeed right for Apple to enter this market and an Apple implementation of this idea would certainly be more complete and finished than some of its competition out there.
The secret Apple Internet empire that is growing bigger by the day
WSJ, via 9to5mac reports of huge investments by Apple in building Internet infrastucture recently. This infrastructure might be the groundwork that Apple is laying before the rumored Apple TV (2.0) announcement this year or it could just be Apple improving its bandwidth for its iCloud services. However according to this report, it is for the former reason than the latter. And 9to5mac also reports of recent high profile infrastructure hires from Comcast and a TV R&D company. One plus one can only be two right, add all these, it does make up a case for a good rumor round up, building up to the Apple TV 2.0.