TribLIVE

| Business

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Apple's next trick? Wearable tech, analyst says

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

By The Los Angeles Times
Wednesday, Jan. 2, 2013, 7:26 p.m.
 

Apple's next big venture could be wearable technology, starting with a “smart watch.”

Piper Jaffray analyst Gene Munster said on Wednesday 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,” Munster said in a note to investors. “Longer term (over the next 10-plus years), wearable computers could eventually replace the iPhone and smartphones in general.”

Munster's predictions occur on the heels of rumors last week that the Cupertino, Calif., tech giant is working with Intel on a Bluetooth watch that would work with the iPhone.

Besides wearable tech, Munster also had quite a few other Apple predictions.

He said he expects Apple to start selling a TV in time for the next holiday shopping season, priced between $1,500 and $2,000. The model would have a screen measuring between 42 and 55 inches and include Apple's Siri and FaceTime features.

In addition to a full TV, Munster also said he expects Apple to update its Apple TV device and introduce a TV app store in early 2013. Around the same time, Munster said he expects Apple to release a radio service, which Apple is reportedly working on.

Additionally, Munster said he expects Apple will bring its high-resolution Retina display technology to at least two more of its products. He said the first would be the iPad mini, with a Retina model in early 2013, and then the MacBook Air laptop, with a Retina model in the summer.

Apple stocks closed at $549.03, up $16.87.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. ATI to benefit from WTO ruling against China in steel case
  2. Cost-cutting at Kraft Heinz extends to refrigerator
  3. Jaguar F-Type reclaims sexy and sporty for 2016
  4. Muni bond funds stressed
  5. Kennametal expects to consolidate plants as it shrinks manufacturing in continuing streamlining; profit drops
  6. GNC to convert more stores to franchises as sales, profits slip
  7. Economy’s 2Q best since last year
  8. What to do with a toxic worker
  9. U.S. asks Supreme Court to reinstate convictions of portfolio managers who won on appeal
  10. Facebook ready to test giant drone
  11. Home rental prices jumped again in June