Apple rewrote the rules of what a phone could be with its introduction of the iPhone in 2007, and in doing so, Apple also spawned a device revolution that's been one of the most important tech developments in recent memory.
And it appears more and more that Apple's eying a similar opportunity with its upcoming iWatch. As was the case with the iPhone, it appears Apple's iWatch could carry implications for investors far beyond just the device itself.
Is Apple's iWatch only the start?
Recently, several experts in the health-care tech field have commented on Apple's iWatch plans. Investors should be taking notice.
Beyond simply reiterating that Apple's iWatch is indeed on the way, these experts have also discussed Apple's broader, longer-term plans for this device. The reports assert that Apple is also planning to launch a broader platform for third-party software that could cement Apple's place at the epicenter to this soon-to-be-booming industry.
The iPod led to iTunes, which has allowed Apple to dominate digital music like no other company. The iPhone led to the App Store, which has been yet another resounding success for Apple and its investors. And in the following video, Andrew discusses how Apple's upcoming iWatch could create that same kind of entry point for Apple in yet another key growth market in the years to come.
The 1 stock that's poised to derail Apple's iWatch revolution
If you thought the iPod, the iPhone, and the iPad were amazing, just wait until you see this. One hundred of Apple's top engineers are busy building one in a secret lab. And an ABI Research report predicts 485 million of them could be sold over the next decade. But you can invest in it right now, for just a fraction of the price of Apple stock. Click here to get the full story in this eye-opening new report.
Andrew Tonner owns shares of Apple. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.