Sunday 23 March 2025 04:09 GMT

Investornewsbreaks Apple Inc. (NASDAQ: AAPL) Loses Top Health Executive To Oura, Fueling Smart Ring Market Growth


(MENAFN- Investor Brand Network) Apple (NASDAQ: AAPL) has lost a key executive from its health division, as Dr. Ricky Bloomfield, formerly the Clinical and Health Informatics Lead, departs to join Oura as its Chief Medical Officer. Bloomfield played a critical role in shaping Apple's health strategy, including its push into digital health records and wearable health tracking. His move to Oura, a company specializing in smart rings for health monitoring, signals growing competition in the wearable health-tech space, with some analysts seeing it as a potential shift in consumer interest toward ring-based health tracking over smartwatches.

As of the latest trading session, Apple's stock is trading at $173.25, reflecting an increase of $0.87 (0.50%) from the previous close.

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About Apple Inc.

Apple Inc. is a global leader in consumer electronics, software, and services, known for its flagship products including the iPhone, Mac, iPad, Apple Watch, and AirPods. The company has invested heavily in health and wellness technologies, integrating advanced health monitoring capabilities into its wearable devices. Apple is headquartered in Cupertino, Calif., and operates in markets worldwide.

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