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Will Augmented Reality Drive Apple Stock?

By Doug Ehrman - Apr 12, 2013 at 7:38PM

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This new technology from Cupertino has the potential to gets Apple stock back moving higher.

While as a company Apple (AAPL -1.92%) seems to be getting things right, its stock has continued to languish. Recent patent filings suggest that the company is working on a new technology called Augmented Reality (AR) that may have the potential to be a catalyst. Apple stock, which has tumbled since breaking the $700 level, seems to be stuck in a range lately. Investors who own Apple stock continue to be convinced that shares will recover, yet the Street has turned somewhat against the tech giant.

In the video below, Fool.com contributor Doug Ehrman discuss AR technology; its application by Apple, Google (GOOGL -4.95%), and Nokia (NOK -0.61%); and the potential impact on Apple stock as well as the company.

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Stocks Mentioned

Apple Inc. Stock Quote
Apple Inc.
AAPL
$140.36 (-1.92%) $-2.75
Nokia Corporation Stock Quote
Nokia Corporation
NOK
$4.90 (-0.61%) $0.03
Microsoft Corporation Stock Quote
Microsoft Corporation
MSFT
$259.62 (-0.40%) $-1.03
Alphabet Inc. Stock Quote
Alphabet Inc.
GOOGL
$2,119.40 (-4.95%) $-110.36

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