Apple Inc. (NASDAQ: AAPL) is reportedly developing two new wearable devices: a screen-free fitness tracker and an AI-heavy pendant. The moves aim to expand the company's health ecosystem beyond the Apple Watch.

Screen-free fitness tracker in development

According to Bloomberg’s Mark Gurman, Apple has developed prototypes for a screen-free health and fitness tracker that resembles Whoop’s bands. The device features a fabric band equipped with sensors to monitor heart rate and other health metrics.

Tim Cook, who now serves as chairman, and services chief Eddy Cue are reportedly supporting the product. While prototypes exist, the project remains uncertain. If Apple proceeds with this tracker, it is unlikely to arrive before 2028.

AI pendant project postponed

In a separate report, Gurman noted that Apple has also been working on an AI pendant. This device was conceived as a necklace or clothing attachment capable of gathering visual data to process through the new Siri AI.

Development of the AI pendant has been postponed. The device would have provided Siri with additional visual context, enhancing its ability to process user environments.

Wearables segment performance

The potential new devices align with Apple’s recent focus on health tracking. The latest Apple Watch models include features such as readiness scores and biological-age estimates, overlapping with competitor offerings. The company is currently testing a redesigned Health app in iOS 27.2.

What the numbers show

The Wearables, Home and Accessories segment generated $7.88 billion in revenue in the quarter reported in July, up from $7.40 billion a year earlier. This growth occurs as Apple seeks to differentiate its hardware through specialized form factors like the screen-free tracker, potentially addressing users who prefer continuous monitoring without a traditional smartwatch interface.

Market reaction

Apple closed at $339.75 on Tuesday, up 0.23%. The stock traded at $339.84 in after-hours trading, up 0.026%. According to Benzinga Edge Stock Rankings, Apple ranks in the 97th percentile for Quality, with positive short-, medium- and long-term price trends.

Binance Co-CEO Richard Teng responded to growing speculation that Apple Inc. (NASDAQ: AAPL) plans to integrate stablecoin support into Apple Pay. The reaction follows reports of a specific job posting by the tech giant.

Teng posted on X on September 22, 2026, asking, "Stablecoins on billions of devices?" accompanied by a wide-eyed emoji. The comment was triggered by a report from Coin Bureau stating that Apple had posted a job listing seeking "stablecoin expertise" for its Apple Pay team.

Job listing details contradict crypto claims

Despite the speculation, the actual application posted on August 26, 2026, did not mention stablecoins, cryptocurrency, or blockchain infrastructure. This discrepancy was highlighted by Mike MacCana, a software developer at Solana (CRYPTO: SOL), who noted the absence of such terms in the public description.

The role is titled "Apple Pay Financial Product Strategy Lead." It involves partnering with the Apple Card and Apple Cash teams to shape long-term strategy, identify growth opportunities, and support business planning across wallets, payments, and commerce.

Apple’s historical stance on cryptocurrency

Apple Pay does not currently support native consumer spending via stablecoins such as USDC (CRYPTO: USDC). Users can only access these assets indirectly through third-party debit cards or payment networks like Mesh.

Historically, Apple has maintained a cautious approach to digital assets. Former CEO Tim Cook stated in 2021 that the company does not invest in cryptocurrency because consumers do not purchase AAPL stock for crypto exposure, although he admitted to holding some personally. More recently, billionaire Tim Draper urged Apple to consider Bitcoin (CRYPTO: BTC) exposure, citing SpaceX’s $1.6 billion BTC holdings as a precedent for corporate adoption.

Market reaction and stock performance

Apple shares showed minimal movement following the news. The stock closed 0.23% higher at $339.75 during Tuesday’s regular trading session. In after-hours trading, shares rose 0.03%.

Year to date, Apple stock has rallied nearly 25%. According to Benzinga’s Edge Stock Rankings, the company maintains a stronger price trend over short, medium, and long terms.