According to Bloomberg's Mark Gurman on Power On today.appleThe company has given up on developingSmart Ringexclusionary rule. The decision came after years of internal exploration of the concept, but ultimately Apple chose not to go through with the landing.
Apple's competitor -- Samsung has launched Galaxy Ring The smart ring accessory, priced at $3099 in the country, has a built-in health sensor that monitors health indicators such as heart rate, stress levels, body and skin temperature, and even predicts a woman's physiological cycle and ovulation by monitoring information to provide the wearer with a health management program.
These features sound like they overlap somewhat with what the Apple Watch doesWhile the Apple Watch is a highly successful product, it is a question to ponder whether Apple's introduction of the Smart Ring will affect Apple Watch sales. In addition, the smart ring market remains relatively niche, and it's uncertain whether there will be enough demand to warrant Apple's entry.
As of this writing, Apple has not officially responded to this revelation.