Say Goodbye to iPhone. No One Guessed Apple's Next Product
By: Rex Moore
Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that before everyone was talking about it, but I just sat on my hands.”
If you’re like me, you can’t help thinking about the money you could have made if you’d simply bought Apple when it introduced the iPod in 2001. The stock is up over 100 times since then, turning a $10,000 investment into over $1 million!
Heck, Apple is up nearly 1,200% since it launched the iPhone seven years later. 305% since the iPad in 2010.
Did you know how great and amazing these new technologies were, but failed to invest behind them? You might be retired and lounging on a beautiful beach somewhere if you had!
Well, it appears Apple is up to something again, but this time it’s so radically different from its previous “iDevices" that you’ll be… stunned. You’ll wonder if it could really work. You’ll wonder if management has lost its mind.
But remember… that’s what many people thought after Steve Jobs introduced the iPod and iPhone! Big profits come from making bold choices.
What exactly is Apple doing?
Well, residents of Sunnydale are reporting strange noises roaring out of a mysterious Apple facility late at night. And Apple leased an enormous, 5,000-acre, abandoned military base to serve as testing grounds according to TechInsider.
We know that it must be something BIG because the company's R&D budget skyrocketed to more than 50 times as much money as Apple spent to develop the original iPhone!
Here’s what we know...
Apple just made a $10 billion play to get in early.
Cisco believes it will be a $19 trillion market before 2025. General Electric sees an opportunity bigger than the entire economy of China!
I saw Amazon received a patent for a piece of it just a few days ago.
Can Apple really pull this moonshot off? With a track record like Apple has, I wouldn't be surprised.
How do I think investors should play this latest Apple bombshell?
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Returns data as of May 17, 2017. Rex Moore has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Apple. The Motley Fool owns shares of General Electric and has the following options: long January 2018 $90 calls on Apple and short January 2018 $95 calls on Apple. The Motley Fool has a disclosure policy.