Looking out 10 years, the Apple of 2030 should continue to incrementally improve its hardware products and even introduce some new ones -- but in a new twist, Apple will also expand its brand to develop a suite of bundled consumer services. That will be a big challenge for the tech giant, but also an opportunity. And of course, there's the possibility of a new out-of-the blue blockbuster invention during the next decade as well. Here's what customers and shareholders can look forward to in the Apple of 2030.
While many think we'll all be living on Mars and communicating through telepathy in 2030, I think we'll still be using smartphones as our primary gateway to the world. Of course, it will be a far better, faster, and more functional smartphone, operating on one of the 5G networks currently in their early buildouts today.
Since the iPhone established itself as the world's most important electronic device in 2007, it has only grown in importance to consumers ever since. As Apple investor Warren Buffett said of the iPhone: "It's a very, very, very valuable product to people that build their lives around it. And that's true of 8-year-olds and 80-year-olds."
Of Apple's healthcare initiatives, CEO Tim Cook once said, "If you zoom out into the future, and you look back, and you ask the question, 'What was Apple's greatest contribution to mankind?' It will be about health." That sounds pretty bold, given that Apple has invented some of the most consequential technology innovations in modern times and is definitely not a healthcare company by trade.
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