- Apple will unveil seven smart home devices on October 13 through a collaboration with LG Electronics: a video doorbell, three security cameras, a smart lock, a thermostat and a temperature sensor. Apple supplies design and engineering while LG handles branding, manufacturing and customer support.
- The devices support Wifi, Bluetooth, Thread and Matter and integrate with a new Apple smart home hub debuting concurrently, expanding the HomeKit ecosystem and putting Apple directly against Amazon's Ring and Google's Nest.
- Apple published developer guidelines requiring apps to be recompiled with Xcode 27.1 for the iPhone Duo foldable, and will require Duo support for all App Store submissions from April 2027. Pre-orders start October 16 with deliveries from October 23, priced from $1,999 for 256GB to $3,199 for 2TB.
- AAPL traded at $335.99, near a 344.57 buy point with an early entry at Wednesday's high of $338.67, carrying an IBD Composite Rating of 96/99 and an Industry Group Ranking of 23/197.
Quotes
“Apple is set to unveil seven new smart home devices, including a video doorbell, three security cameras, a smart lock, a thermostat, and a temperature sensor, on October 13 through a collaboration with LG Electronics”
“This partnership enables Apple to rapidly expand its smart home ecosystem and HomeKit platform without incurring full production costs”
“iPhone Duo pre-orders will go live on October 16, about a week from now. Actual deliveries are expected to start October 23”
“Apple (AAPL) stock was named the IBD Stock of the Day”