Apple Stock Fell After It Was Reported To Be Developing an AI Health Service and Mood Tracker

Apple Stock

Apple (NASDAQ:AAPL)

Apple (NASDAQ:AAPL) may soon release journaling software for both mental and physical health. Still, the corporation is making much more effort to expand its health and wellness industry presence.

According to a report from Bloomberg, the business is working on a health coaching service driven by artificial intelligence and a mood tracker. The service, known internally as Quartz, would be aimed to encourage customers to exercise, have better eating habits, and enhance sleep.

To provide recommendations, the service would use both artificial intelligence and information gleaned from a user’s Apple Watch, according to the news site, which cited individuals familiar with the development of the project.

According to the publication, the health coaching service is expected to be available sometime next year. It should include a recurring monthly payment.

It would be distinct from the journaling software described before, which is also likely to study a person’s activity, comprehend what a regular day looks like, and provide personalization capabilities, such as writing suggestion options.

In addition, Apple is now developing a version of the iPhone health app optimized for iPad use. This software may be included in the updated version of the iPad operating system that will be unveiled at the company’s developer conference in June.

Apple Stock is working on adding elements to the health app to allow users to monitor their emotions and better understand their visual problems.

In late-day trading on Tuesday, Apple stock was down by around 0.5%, underperforming the market as a whole.

Featured Image: Unsplash

Please See Disclaimer