Apple Inc. (AAPL) Watch

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Elementary my dear Watson

International Business Machines Corp. (NYSE:IBM) was famous for the “IBM-compatible PC” that it produced in mass quantities for many years but lately has transitioned to more of a business services and cloud-based computing company. However, besides doing Big Data, Big Blue still found time to develop a computer, and dubbed it Watson after one of the company’s founders, Thomas J. Watson.

The computer Watson was capable of defeating the all-time champions of the TV game show, Jeopardy, in a special head-to-head match in 2011. Nowadays the computer and its artifical intelligence and software capabilities are being utilized in cancer research, a very worthwhile cause.

IBM has found good use for its cash over the last decade too. The company has managed to combat slowing revenue growth, averaging about 2% per year, by buying back about $100 billion of its own shares. Maybe Apple will embark on a similar effort.

As an Apple user and a shareholder, I’ll be looking for further news about the iWatch. I’ll be keeping tabs out for the Google car and for Watson too.

The article Apple Watch originally appeared on Fool.com and is written by Mark Morelli.

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