Yup, Apple Is Considering Space Internet
It's been over two-and-a-half years since investors heard anything about Apple's (NASDAQ: AAPL) extraterrestrial interests. In 2017, company had poached a pair of high-level Alphabet execs, John Fenwick and Michael Trela, who specialized in satellite and spacecraft projects at Google. The only likely explanation was that Apple was considering space internet -- delivering data through a constellation of geosynchronous satellites -- to compete with networks that SpaceX, Facebook, and Amazon.com are building.
There's a compelling case for Apple to get into space internet, generating recurring subscription revenue from data plans that could translate into $750 per year (based on leaked estimates for SpaceX's own plans). Here's how Apple's galactic aspirations have evolved in recent years.
Image source: Getty Images.
Source Fool.com
