Apple Rumored To Be Exploring Medical Devices, Electric Cars To Reignite Growth

An anonymous reader writes "The Apple rumor mill is alive and well. This time around the tech giant is rumored to be looking into exploring medical sensor technology related to predicting heart attacks, and might even buy Tesla. 'Taken together, Apple's potential forays into automobiles and medical devices, two industries worlds away from consumer electronics, underscore the company's deep desire to move away from iPhones and iPads and take big risks. "Apple must increasingly rely on new products to reignite growth beyond the vision" of late founder Steve Jobs, said Bill Kreher, an analyst with Edward Jones Investments in St. Louis. "They need the next big thing."'"

Comments

Not a good sign

[Akratist]

It always seems that when companies start trying to branch out into wildly dissimilar industries, it's a sign of trouble within the organization. Do what you do well, figure out how to do it better if things aren't going how you'd like them. Don't try making sushi if you've always sold donuts.

Apple has never been a growth-first company

[the computer guy nex]

If Apple cared about selling more widgets, they would have created lower-priced versions of all of their products years ago.

Analysts want Apple to run the company their way, and Apple is refusing to do it. Good for them in my opinion.