US Stock Market Move | "J490" smart home device is on the horizon, Apple Inc. (AAPL.US) rises over 1.1%.
On Friday, Apple's (AAPL.US) stock price moved higher, rising over 1.1% as of press time, with a market capitalization of $4.87 trillion.
On Friday, Apple Inc. (AAPL.US) shares moved higher, rising more than 1.1% as of press time, with a market capitalization of $4.87 trillion. On the news front, well-known Apple Inc. product leaker Mark Gurman dropped several major exclusives in succession: a touchscreen MacBook Pro could debut as early as October, and Apple Inc.'s smart home hub "has already been stocked in global warehouses." Gurman revealed that Apple Inc.'s internally codenamed "J490" AI smart home Hub Group, Inc. Class A (Smart Home Hub) will be the key to breaking the deadlock. "This is Apple Inc.'s next 'Big Thing,' and it's only weeks away from launch." Gurman emphasized that Apple Inc.'s past attempts in the smart home space, such as the iPod Hi-Fi and the early HomePod, were "half-finished products," but J490 will completely change that.
The device is described as "the Amazon.com, Inc. Echo Show made by Apple Inc. in the Apple Inc. universe," and its biggest selling point is a brand-new operating system. "If Siri AI had an operating system, rather than merely being an app or interface on a phone, what would it look like? This is the answer." Gurman quoted the original remarks as saying that the system combines features of Watch OS and StandBy mode, and "voice will become the primary interface interaction element."
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