Thursday Apple Rumors: Apple Creates Energy Subsidiary

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Here are your Apple Rumors for today:

Apple Rumors, Energy, Subsidiary, AAPL
Source: ©iStock.com/danielschoenen

MacOS: Apple (AAPL) has slipped the term macOS into its developer website, reports MacRumors. Use of the term macOS has many believing that the tech company is preparing to rename its OS X operating system to better line up with its other offerings, such as iOS, tvOS and watchOS. The company has now used the term twice, which is adding to the rumor that an OS X rename is on the way.

Display: A new AAPL patent could give hints about the company’s future smartwatch plans, AppleInsider notes. The patent was filed in 2014, but was only recently published. It talks about using LED arrays to create a wearable device that could have a curving display. This could allow the company to have a bracelet-like design for its next Watch and a display that goes all the way around. However, it’s unknown if these plans will ever be implemented into the company’s future products.

Energy: Apple is dipping its toes into the energy market, reports 9to5Mac. The company had created a subsidiary named Apple Energy LLC that is based in Delaware. This subsidiary will be ran from AAPL’s headquarters in Cupertino, Calif., and will focus on selling extra energy produced by the company’s solar farms. The company is likely interested in selling its excess energy directly to people, rather than to energy companies, which is what most companies that have extra energy do.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/06/apple-rumors-energy-subsidiary-aapl/.

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