Judging by what could soon happen with the Apple Watch, the tech giant could have several surprises in store soon.
Apple Inc.'s possible plans for an Apple Watch that connects directly to cellular networks would be a boon to cellular carriers and a disaster for rival smartwatch makers.
Bloomberg reported Friday that, while current Apple Watches require wireless connection to an iPhone in range, the company plans to release a smartwatch later this year featuring LTE chips that can perform the tasks iPhone-free.
While Apple doesn't break out Apple Watch sales numbers and the business is relatively insignificant, Bloomberg noted that Apple CEO Tim Cook described it as the best-selling smartwatch "by a very wide margin," with sales up 50% in the third quarter.
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It's good news for shareholders of new Apple modem supplier Intel Corp. (INTC) , which Bloomberg said is supplying the LTE modems for the new Watch. They're supplanting Qualcomm Inc. (QCOM) , which sued Apple last month over alleged iPhone patent infringement, the latest in dueling lawsuits between the two companies.
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