Mark Gurman: Apple has a satellite in the works

Photo of Steven M. Peters
By Steven M. Peters Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

In a podcast walkup to today’s special event, Bloomberg’s top tech reporter promotes a third Apple moonshot (after smart glasses and self-driving cars).

 

From Gurman on Tuesday’s TicToc by Bloomberg at the 7:15 mark:

Let’s talk about moonshot number three. This one hasn’t got a lot of attention and hasn’t been much discussed—so here’s a little exclusive for you guys. So, they’re working on a satellite hardware project. They have a team that they’re growing internally in their hardware division working on satellites. So whether that’s imaging devices or perhaps something bigger like a cellular-type of balloon initiative to mimic what Google has done. I know Elon Musk has some people working on that as well. That’s something they’re working on. A satellite project.

My take: Come for the satellite, stay for the full 10:53 minutes. It’s a good what-to-expect-today story with a scoop on top. Link.

[apple-subscribe]

Photo of Steven M. Peters
About the Author Steven M. Peters →

Our $500K AI Portfolio

See us invest in our favorite AI stock ideas for free

Our Investment Portfolio

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618