Apple (NASDAQ: AAPL ) has reportedly begun hiring ex-Nuance (NASDAQ: NUAN ) engineers near Nuance's home turf in Boston. The most obvious possibility here is that Apple may be interested in ditching the voice-recognition specialist in favor of building its own speech-recognition engine.
In the following video, Fool contributor Evan Niu, CFA, and Eric Bleeker, CFA, discuss why such a move would make sense for the Mac maker, but also why Nuance investors shouldn't be overly concerned.
Apple has a history of cranking out revolutionary products -- and then creatively destroying them with something better. Read about the future of Apple in the free report, "Apple Will Destroy Its Greatest Product." Can Apple really disrupt its own iPhones and iPads? Find out by clicking here.