Apple Is Already Building an Augmented Reality Future
For Apple (NASDAQ: AAPL), the future is about far more than our physical reality. The company is building tools for augmented reality (AR) that could be in common use by over 1 billion devices around the world, and virtual reality (VR) has been rumored to be on the way as well.
What's become clear in the last few quarters is that Apple is building the foundation of its AR strategy right before our eyes. Lidar included in iPhones and iPads today increases the accuracy and fidelity of AR on the devices, and Apple is already creating an ecosystem of apps and tools for developers. At its Worldwide Developers Conference last week, Apple said it is bringing AR into maps and capture tools for third-party apps in an AR strategy that could keep this tech stock growing for the next decade.
iPhones with augmented reality features. Image source: Apple.
Source Fool.com
