Is Apple About to Take Over Your Closet?

When Apple (NASDAQ: AAPL  ) hired back Paul Deneve from Yves Saint Laurent, it was sending a message to Wall Street and competitors that it aims to own the market for wearable computing, Fool contributor Tim Beyers says in the following video.

Previously, Deneve worked in European sales and marketing. Now he's part of a special projects team that includes Bob Mansfield, who for a time had been Apple's technology chief. All signs point to the Mac maker building a more focused alternative to Google's X laboratory, which is best known for creating the Google Glass interactive spectacles.

The opportunity is huge when you consider what could be, Tim says, especially when you imagine every accessory or article of clothing including some sort of computing function. Aesthetics would become extremely important at that point -- a huge win for Apple, whose brand has come to represent leading-edge electronics design.

But that's also assuming CEO Tim Cook has the skills to wrangle a team capable of cashing in. Will Deneve, Mansfield, and their band of fellow recruits develop the first post-Jobs breakthrough gadget? In the video, Tim says he's expecting nothing less. What about you? Leave a comment to let us know what you think of Apple's stock and strategy.

And if you don't have a good answer, don't worry: The Motley Fool recently created a free report titled, "5 Secrets to Apple's Future." Inside you'll learn the long-term buy and sell indicators our top analysts are considering for Apple today. Simply click here now for free access.

Read/Post Comments (2) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2590638, ~/Articles/ArticleHandler.aspx, 9/27/2016 8:38:08 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 11 hours ago Sponsored by:
DOW 18,094.83 -166.62 -0.91%
S&P 500 2,146.10 -18.59 -0.86%
NASD 5,257.49 -48.26 -0.91%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/26/2016 4:00 PM
AAPL $112.88 Up +0.17 +0.15%
Apple CAPS Rating: ****
GOOGL $802.65 Down -12.31 -1.51%
Alphabet (A shares… CAPS Rating: *****