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Cars? Diabetes? Is Apple A Dinosaur? – Seeking Alpha

April 18th, 2017 7:47 pm

Recently, Apple (NASDAQ:AAPL) has been making headlines with a couple exciting new growth initiatives. Last week the company was granted a permit to test self-driving cars in California, and news surfaced that Apple is working on a glucose sensor to help diabetes patients.

While Apple has been focusing on these distant moonshots with little to no near-term revenue impact, their core business is quickly becoming vulnerable.

Amazon's (NASDAQ:AMZN) Alexa platform is ushering a new era of interacting with computers through voice, not touch. This is something Apple tried to do with Siri, but is miserably failing.

Instead of investing in these long-term projects, Apple needs to double down and innovate around protecting its moat around its iOS ecosystem. Building healthcare services and media content (like Planet of the Apps) would be a great start, instead of wasting time trying to compete with Tesla (NASDAQ:TSLA) in self-driving cars.

All of this and more is covered in HyperChange's weekly Sunday Schemin' podcast.

Disclosure: I am/we are long TSLA.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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Cars? Diabetes? Is Apple A Dinosaur? - Seeking Alpha

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