Yes, it’s a bold statement but Apple stock is already worth far more than its trading it based on discounted cash flow analysis with very modest projections of near zero revenue growth. Any product category that Apple pursues that generates new scale and vigor will likely push the stock much higher. On that note, it’s almost a certainity that Apple is readying the relase of iWatch or some wearbable device on your wrist that will do far more than anything people are expecting.
According to this following article from Business Insider, Apple is pioneering a product in the health/fitness category that has the potential to be a game changer.
Meet The All-Star Team Of Medical Experts, Scientists, And Designers Apple Hired To Build The iWatch
Read more: http://www.businessinsider.com/apples-iwatch-team-2014-2#ixzz2tWfU2EKi
The liklihood that this will be a revolutionary health and fitnesss well being product is increasing geometrically. Just look at the calibre of people they are hiring, most notably the Chief Medical Officer from Massimo. If you don’t know who Massimo is, they more or less invented pulse oximetry. If you don’t know what that is, look it up. The potential for this to be as big as the iPhone itself is vastly underestimated.
http://9to5mac.com/2014/02/07/from-fashion-to-fitness-the-experts-behind-apples-wearable-future/