Apple Eyes Entry into Smart Glasses Market with New Developments

1 min read
Source: Yahoo Finance
Apple Eyes Entry into Smart Glasses Market with New Developments
Photo: Yahoo Finance
TL;DR Summary

Apple is reportedly exploring the smart glasses market through an internal study called 'Atlas' to gather employee feedback on existing products. This move could position Apple as a competitor to Meta's Ray-Ban smart glasses, though any product launch is years away. Additionally, Apple plans to invest nearly $10 million in Indonesia to address a sales ban on its latest iPhones due to local content requirements. The company is also investing $1.5 billion in Globalstar to enhance iPhone satellite services.

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