Bloomberg April 8, 2019
Apple Inc.’s health-care ambitions go beyond wearables like the Apple Watch, with the company poised to soon emerge as a leader in consumer health, according to Morgan Stanley.
The company’s health-care market opportunity ranges from at least $15 billion to a whopping $313 billion in revenue by 2027, according to estimates from a team of 14 analysts. The wide difference is appropriate given the early opportunity, they said.
“Healthcare is a market where Apple has the potential to lead digital disruption – much like what iTunes did for music or the App Store for mobile services,” analysts wrote in a 56-page report on Monday. “Based on what it has done over the last five years, we see Apple...
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