What Is Apple Inc.'s Internet of Things Strategy?

By Chris Neiger – Oct 24, 2015 at 2:00PM

NASDAQ: AAPL

Apple

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$2,610B

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(1.27%) $2.12

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$169.02

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Apple is known for its mobile devices, but the company is slowly moving into the Internet of Things space in three big ways.

Apple (AAPL 1.27%) typically doesn't beat its competition to new product segments or chase the latest tech trends. Instead, the company slowly releases new software and hardware that incrementally takes the company into entirely new directions.

And that's exactly what the company's doing with its Internet of Things strategy. Apple is using its HomeKit system, Apple Watch, and new automotive pursuits to advance the company's position into a future where nearly everything around us is connected to the Internet. Click through the slideshow below to find out more.

Chris Neiger has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Apple. The Motley Fool recommends Cisco Systems. We Fools may not 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.