Why Apple Inc. (AAPL)’s “Next Big Thing” Might Be Many Little Ones

Page 1 of 2

There’s no doubt that one of the big factors weighing on Apple Inc. (NASDAQ:AAPL) is concern about innovation. Despite the company’s history of developing revolutionary products and disrupting markets, many investors remain unconvinced that Apple Inc. (NASDAQ:AAPL) can innovate without visionary founder Steve Jobs.

After more than a decade at the head of consumer-technology innovation, Apple-as-innovator suddenly appears to be running second to Samsung in hardware and to Google Inc (NASDAQ:GOOG) in software.

Apple Inc. (NASDAQ:AAPL)Nothing short of a new blockbuster product seems likely to convince the growing army of Apple Inc. (NASDAQ:AAPL) skeptics that a post-Jobs Apple can innovate its way to continuing growth for years to come. Even Jim Cramer, who remains bullish on Apple, said Thursday that what the company needs is “the next big thing.” That’s probably why there’s been so much anticipation of the planned Apple TV. It’s presumed to not only be a blockbuster, but a big-ticket item, just the kind of product that could put juice back in Apple Inc. (NASDAQ:AAPL)’s stock.

But investors may be missing clues about Apple’s future that suggest it could rest not on the next big blockbuster iProduct, but in spiderweb-like growth through “next little things.” Let’s take a look at some of them:

Now that’s a smart outfit
A recent patent granted to Apple Inc. (NASDAQ:AAPL) sheds some light on the company’s plans for a smart shoe. This may sound odd, but it hints at a larger project Apple has in the works with NIKE, Inc. (NYSE:NKE). The two companies are developing smart apparel.

Imagine shoes that gauge wear and tear, that tell you how far you’ve run or walked, maybe even whether they fit right. Imagine clothes with sensors to measure body heat and perspiration, movement and other metrics for use in your workouts and activities. All the information these shoes and garments collect will be processed by your iPhone, iPad or iPod, making Apple an important component of your health goals.

There’s also been speculation that Apple is developing a smart wristwatch, possibly providing what’s essentially a wearable, miniature iPhone. Some say this could be big seller. But with details at this point scant at best, there isn’t much but speculation out there for investors to consider.

Apple in your auto
Here’s another area where we know Apple is already at work. Cars are getting smarter, and that’s a good thing, because drivers are becoming increasingly distracted (i.e. dumber). Any time a driver is clutching a handset, whether they are texting, talking or looking for a song on iTunes, it’s dangerous. That’s why the integration of Apple’s Siri into cars over the coming year is an important development.

Consider this piece on Cars.com: “Siri can read incoming text messages, respond to texts and emails, add calendar appointments, check the weather, give sports scores or stock quotes, find points of interest, announce turn-by-turn directions or make a phone call over the car’s Bluetooth system — just by pressing the steering-wheel Bluetooth button for a few moments. It’s all part of Apple’s new Eyes Free mode, which works while your smartphone screen stays dark.”

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!