Apple's Premium Headphones Inch Closer to Launch
Investors have been hearing rumors of Apple (NASDAQ: AAPL) working on premium over-ear headphones for more than two years. During that time, the company has dramatically expanded its portfolio of wearable audio gadgets ("hearables"), which have become one of Apple's fastest-growing businesses. Last year was particularly momentous for hearables, as the broader wearables market rapidly shifted toward that product category: Total unit volumes nearly doubled to 336.7 million, according to market researcher IDC.
Apple's headphones, which are distinct from the Solo Pro released under the Beats brand last year, are slowly inching closer to launch.
Apple continues to expand its portfolio of audio accessories. Image source: Apple.
Source Fool.com