should consider offering a smart ring alongside the Apple Watch. The fastest way to do this would be for Apple to buy Oura, which is a privately held company with a $5 billion valuation. That figure was calculated when health company Dexcom decided to make a $75 million investment in Oura.
Diabetics need to obtain blood glucose readings before each meal to figure out how much insulin they need to inject before eating. Since testing requires that the diabetic draw a drop of blood, for some it can be a painful test. And for those without insurance, the disposable test strips can be expensive. Apple has been working to develop a non-invasive blood glucose sensor for the Apple Watch but such a health tool could still be years away.
A more typical Apple deal involves a lower-priced acquisition with a feature that can be utilized by Apple as soon as the next year. For example,and the following year the iPhone 5s was released with the Touch ID fingerprint sensor. Another good example is Apple's purchase of SRI International for $200 million in 2010. The next year, the iPhone 4s launched introducing digital assistant Siri.
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