) is working on a technology that will be able to warn about a
heart attack based on the sound of blood flowing through the
arteries. This sensor could well be part of Apple's wearable
device, referred to as iWatch and will monitor both heart beat
and blood oxygen level.
The device will alert users and thus a heart attack can be
prevented with timely medical intervention. As per Verge, Apple
is collaborating with audio engineer Tomlinson Holman to develop
the heart attack predicting device.
As per reports, Apple will use optoelectronics to monitor the
user's body glucose levels. Optoelectronics makes good usage of
the light passing through the body as a non-invasive means of
Last month, The New York Times reported that Apple has had
discussions with the Food and Drug Administration regarding
mobile medical applications. Although this further added fuel to
the ongoing rumors, there has been no official confirmation from
Apple on the latest development of the wearable device.
The iWatch will help Apple to step into the world of wearable
devices following the footsteps of its competitor
We believe that Apple's intention to extend its foothold into
new product categories such as healthcare and cars in the near
term will drive growth and profitability going forward.
Apple's loyal customer base, international expansion,
competitive pricing strategy and a solid cash position will aid
long-term growth. However, increasing competition from the likes
) in most of its major product segments, possible delays in
product launch, higher operating expenses and increasing legal
complexities are headwinds.
Currently, Apple has a Zacks Rank #3 (Hold).
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