Wamsi Mohan, senior IT hardware analyst at BofA Securities, said investors should buy Apple products during the “Kuraman countdown.”
Apple is poised to incorporate larger screen sizes and other upgrades when it releases its Series 10 smartwatch. According to Bloomberg.
The outlet reported Sunday that upcoming upgrades to two Apple Watch Series 10 models could be linked to the smartwatch’s 10th anniversary.
According to Bloomberg, the change in screen size will bring the Series 10 more in line with the Apple Watch Ultra. The Apple Watch Ultra 2 features a 49mm case.
On December 18, 2023, the Apple Watch was displayed at the Apple Store at Grand Central Terminal in New York City. (Michael M. Santiago/Getty Images)
Additionally, Apple reportedly plans to reduce the thickness of the model.
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According to Bloomberg, Apple customers will see the tech giant use a new chip to power the Series 10, which could help support future AI features.
Apple will reportedly include larger screen sizes and other upgrades in its Series 10 smartwatches. (Michael Nagle/Bloomberg via Getty Images)
FOX Business reached out to Apple for comment on the Bloomberg report but had not received a response at the time of publication.
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The latest model of Apple Watch currently available in the market is the Series 9, which was launched last September. Powered by the S9 SiP chip, the Series 9 comes in 41mm and 45mm sizes.
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| AAPL | Apple. | 227.82 | +1.48 | +0.65% |
The tech giant unveiled the first Apple Watch around nine years and 10 months ago.
Apple Watch Series 9 (Christian Boksi/Bloomberg via Getty Images/File)
Bloomberg also reported on Sunday that the Apple Watch SE will be updated, while the outlet said the Ultra 3 will feature the same new chip as the Series 10 when it launches.
Apple’s smartwatch is part of its Wearables, Home and Accessories division, which generated $19.87 billion in revenue through the first half of the company’s fiscal 2024.
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