This article first appeared on GuruFocus.
Apple (AAPL, Financials) is changing the way it runs things since Chief Operating Officer Jeff Williams is going to leave later this year. Apple’s health and fitness sections will now be controlled by Eddy Cue, who is in charge of the company’s Services division. This is in line with Apple’s impending Health+ program.
In 2026, Health+ will come out. It will feature an AI health coach that informs you exactly how to eat, sleep, and work out. The trial indicates that Apple is still attempting to make more money from its services and improve how its hardware and digital platforms operate together.
Craig Federighi is the head of Apple’s software. He is now also in charge of Siri, watchOS, and visionOS. John Ternus is in charge of making hardware for Apple Watch presently.. Sabih Khan will be in charge of operations after Williams leaves.
On Friday, Apple shares fell by 1.56%. AAPL has a Moderate Buy consensus among analysts, with an average price target of $255.57, which means it might go up by 0.6%.
Investors will look to the release of Health+ and subsequent improvements to the Apple Watch as short-term events that could move the market.