Seeking Alpha June 14, 2021
Summary
- Apple has barely scratched the surface of healthcare, yet Tim Cook says that the movement into healthcare could be Apple’s “greatest contribution to mankind.”
- Apple’s wearables make it easy to track certain types of health metrics, and there is a lot of potential for Apple to expand into healthcare data, partnerships and insurance.
- For the long-term-minded investors, Apple should be looked at with potential for expansion into healthcare, not just growth in iPhones or Macs.
Investment Thesis
Apple (NASDAQ: AAPL) has been knocking on the doors of healthcare for many years, and it finally is starting to gain traction. After releasing the Apple Watch, Apple is now able to track the heart rates of...
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