Recently, Apple (NASDAQ:AAPL) has been making headlines with a pair thrilling new progress initiatives. Last week the corporate was granted a permit to check self-driving automobiles in California, and information surfaced that Apple is working on a glucose sensor to assist diabetes sufferers.
While Apple has been specializing in these distant moonshots with little to no near-term income influence, their core enterprise is rapidly turning into weak.
Amazon’s (NASDAQ:AMZN) Alexa platform is ushering a brand new period of interacting with computer systems via voice, not contact. This is one thing Apple tried to do with Siri, however is miserably failing.
Instead of investing in these long-term initiatives, Apple must double down and innovate round defending its moat round its iOS ecosystem. Building healthcare companies and media content material (like Planet of the Apps) can be an incredible begin, as an alternative of losing time attempting to compete with Tesla (NASDAQ:TSLA) in self-driving automobiles.
All of this and extra is roofed in HyperChange’s weekly Sunday Schemin’ podcast.
Disclosure: I’m/we’re lengthy TSLA.
I wrote this text myself, and it expresses my very own opinions. I’m not receiving compensation for it (aside from from Seeking Alpha). I’ve no enterprise relationship with any firm whose inventory is talked about on this article.
