{"id":69654,"date":"2024-11-13T08:03:00","date_gmt":"2024-11-13T08:03:00","guid":{"rendered":"https:\/\/gtechbooster.com\/vine\/b7d69748255c0ec66e4a31bfb5789434\/"},"modified":"2024-11-13T08:03:00","modified_gmt":"2024-11-13T08:03:00","slug":"apple-ring-oura-ceo-backs-up-rumors-and-says-smart-ring-should-not-be-launched","status":"publish","type":"post","link":"https:\/\/gtechbooster.com\/apple-ring-oura-ceo-backs-up-rumors-and-says-smart-ring-should-not-be-launched\/","title":{"rendered":"Apple Ring: Oura CEO backs up rumors and says smart ring should not be launched"},"content":{"rendered":"\n

Recent statements from Oura CEO Tom Hale have cast doubt on the possibility of Apple launching a smart ring. During the Web Summit in Lisbon, Hale emphasized that Apple is unlikely to introduce a smart ring<\/strong>, despite ongoing speculation about the company\u2019s interest in this wearable technology.<\/p>\n\n\n\n

Reasons Behind the Doubts<\/h4>\n\n\n\n
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Hale pointed out several challenges that Apple would face in developing a smart ring. He noted that creating a successful smart ring is difficult<\/strong>, which may deter Apple from pursuing this product category. Additionally, there are concerns that a smart ring could potentially cannibalize sales of the Apple Watch<\/a>, which is a significant revenue source for the company.<\/p>\n\n\n\n

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Apple Watch<\/figcaption><\/figure>\n\n\n\n

The statement was made by Hale during the Web Summit in Lisbon, Portugal, in an interview with CNBC on Tuesday<\/a>. In his words:<\/p>\n\n\n\n

I think they [Apple] are not convinced about the value of having a ring and a watch together and are not interested in undermining the Apple Watch as a business. I think they probably have their eyes on Samsung and us, but it\u2019s hard to do that product category properly.<\/p>Tom Hale, CEO of Oura<\/cite><\/blockquote><\/figure>\n\n\n\n

\nhttps:\/\/art19.com\/shows\/beyond-the-valley\/episodes\/89d29347-ea04-49dc-9d7f-3ba43b5a54d1\/embed?theme=dark-blue\n<\/div><\/figure>\n\n\n\n

Current Status of Apple\u2019s Smart Ring Development<\/h4>\n\n\n\n

While there have been discussions within Apple\u2019s design team about the concept of a smart ring focused on health and fitness, it appears that there are no active plans to bring such a product to market<\/strong> at this time. This aligns with Hale\u2019s assertion that, despite the buzz, Apple is not moving forward with a smart ring launch<\/a> in the near future.<\/p>\n\n\n\n

In summary, the consensus from industry experts, particularly Oura\u2019s CEO, suggests that an Apple smart ring is not on the horizon, primarily due to technical challenges and strategic business considerations.<\/p>\n\n\n\n

More Information \u2139<\/h6>\n\n\n\n