Apple is reportedly preparing to enter the smart home market with plans to unveil a new AI wall tablet in 2025. This device is expected to challenge Amazon and Alphabet in the smart home space. According to reports, the wall-mounted tablet will feature a 6-inch touchscreen and the ability to control smart home appliances via voice commands.
It will be powered by Apple Intelligence and potentially a new system called “App Intents.”
Mark Gurman, a well-known Apple analyst, suggests that the device could be priced between $100 and $250, making it accessible to a broad audience. This move signifies Apple’s effort to diversify its revenue streams beyond its core products, such as the iPhone and MacBook. For investors, this development is worth monitoring closely.
The smart home market is rapidly expanding, and Apple’s entry could position the company as a key player in this sector. If successful, the new tablet could positively impact Apple’s overall sales growth.
Apple unveils AI home tablet
Beyond consumer appeal, investors should focus on Apple’s growing interest in AI and smart home technology. The integration of advanced sensors and AI capabilities into everyday products could set Apple apart from its competitors. Additionally, there are rumors of Apple developing a robotic iPad that follows users around the room.
This could offer investors insights into the company’s long-term vision for the smart home space. Analysts remain cautiously optimistic about AAPL stock, with a Moderate Buy consensus rating based on 24 Buys, eight Holds, and two Sells. The year-to-date performance of the stock, alongside a price target of $245.35, implies an upside potential of 9% from current levels.
As Apple ventures into the smart home market and continues to invest in AI, the company is not only tapping into potential growth areas but also diversifying its offerings. This makes Apple a company to watch closely for both current and prospective investors.
