Report: Apple planning upgrades, updates for Apple Watch

A version rolling out next year will apparently contain a blood sugar monitor.

| More on:
woman with a mask on looking at her apple watch

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

That cool smart device on your wrist will soon become even more attractive and useful, at least if you intend to acquire one of the latest model Apple (NASDAQ: AAPL) Watches when they arrive. According to a report published Monday by Bloomberg, citing "people with knowledge of the plans," Apple is planning a host of updates and upgrades to its signature wearable tech product.

Later this year, those sources say, Apple will upgrade the device with a faster processor and an updated screen. The new model should also feature better connectivity, as it will utilize the same ultrawideband functionality that is a core feature of Apple's recently introduced AirTags.

Based on the company's naming convention, this next iteration of the device will likely be dubbed the Apple Watch Series 7.

In 2022, the tech giant will again update the Apple Watch, in addition to the comparatively budget Apple Watch SE. More intriguingly, the company plans a new wearable aimed at extreme sports athletes. 

Apparently, Apple would also like to integrate new services and features into future Apple Watches, among them blood sugar sensors and body temperature gauges.

Apple, typically a rather tight-lipped company, has not yet commented on the Bloomberg article.

While smartwatches and fitness trackers are dime-a-dozen technology these days, Apple aims to stand out from the crowd by packing added features into the Apple Watch. Bloomberg pointed out that blood sugar monitoring would make the device unique in its increasingly crowded field.

Apple's stock did well on Monday, climbing 2.5% against an essentially flat performance from the S&P 500 index.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Eric Volkman owns shares of Apple. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of and has recommended Apple. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool Australia has recommended Apple. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

More on International Stock News

A woman holds a soldering tool as she sits in front of a computer screen while working on the manufacturing of technology equipment in a laboratory environment.
International Stock News

Up nearly 80% this year, does Nvidia stock have room for more?

Nvidia's stock added a lot of its gains the day after Q4 earnings.

Read more »

Piggy bank on an electric charger.
International Stock News

If you'd invested $1,000 in Tesla stock 5 years ago, here's how much you'd have today

Tesla bears may not have noticed it, but Tesla profits are forecast to 3x over the next five years.

Read more »

Businessman using a digital tablet with a graphical chart, symbolising the stock market.
International Stock News

Bull vs. bear: Can the S&P 500 keep rising in 2024?

We review the bull and bear case for the S&P 500 this year.

Read more »

woman with coffee on phone with Tesla
International Stock News

Why Tesla stock put pedal to metal today

Tesla's robotaxi is coming in August.

Read more »

A male investor sits at his desk looking at his laptop screen holding his hand to his chin pondering whether to buy Macquarie shares
International Stock News

If you invested $10,000 in Nvidia stock the day ChatGPT came out, this is how much you'd have today

Buying Nvidia when the disruptive AI chatbot launched would have been a smart move.

Read more »

A Tesla car driving along a road at sunset
International Stock News

Why Tesla stock was climbing today

Investors were encouraged by news of a price hike on the Model Y.

Read more »

Plate with coloured wedges being parcelled out like a slice of pie representing a share split
International Stock News

Stock-split watch: Is Nvidia next?

Nvidia last split its stock when it traded for a pre-split $744 in 2021.

Read more »

A woman in jeans and a casual jumper leans on her car and looks seriously at her mobile phone while her vehicle is charged at an electic vehicle recharging station.
International Stock News

1 Wall Street analyst thinks Tesla stock is going to $125. Is it a sell?

Tesla is no longer a magnificent stock, according to a Wells Fargo analyst.

Read more »