Apple (AAPL - Free Report) is planning to expand its footprint in the Augmented Reality (AR) space, primarily through acquisitions. To ramp up its efforts, the company has acquired several smaller firms like SensoMotoric, Flyby Media, Emotient, TupleJump, Turi, Metaio, PrimeSense and Lattice DataInc.
Apple also acquired Akonia Holographics, a manufacturer of lenses for AR glasses, fueling speculations that it is foraying into the wearable AR glasses space. Reportedly, it also partnered with renowned lens maker Carl Zeiss in this regard.
Moreover, Apple has reportedly acquired a Danish computer vision start up, Spektral, for an estimated $30 million, per TechCrunch.
Apple Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Apple (AAPL - Free Report) is planning to expand its footprint in the Augmented Reality (AR) space, primarily through acquisitions. To ramp up its efforts, the company has acquired several smaller firms like SensoMotoric, Flyby Media, Emotient, TupleJump, Turi, Metaio, PrimeSense and Lattice DataInc.
Apple also acquired Akonia Holographics, a manufacturer of lenses for AR glasses, fueling speculations that it is foraying into the wearable AR glasses space. Reportedly, it also partnered with renowned lens maker Carl Zeiss in this regard.
Moreover, Apple has reportedly acquired a Danish computer vision start up, Spektral, for an estimated $30 million, per TechCrunch.
Apple Inc. Revenue (TTM)
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on AAPL - FREE
Get the latest research report on MSFT - FREE
Get the latest research report on GOOGL - FREE
Get the latest research report on SNAP - FREE