Apple Inc. (NASDAQ:AAPL) has long been the powerhouse of innovation and it has yet again signaled another technological wonder in the making. The iPhone maker has secured patent for flexible electronic device sending the expectations of tech experts a step further.
The latest patent from the company proposed an electronic device that can easily be bent, flexed, folded, and even deformed without any impact on its internal components. Apple Inc. (NASDAQ:AAPL)’s design takes the imagination a step further by using flexibility as a functional feature where bends and twists could be translated into UI commands.
The iPhone maker has been able to put together a model that uses a combination of flexible external parts such as display glass and chassis along with pliable internal parts including circuit boards, displays and batteries. Apple has suggested different materials for chassis with high flexibility such as fiber composites, plastic, and even thin glass.
Apple Inc. (NASDAQ:AAPL) might use the flexibility to introduce force initiated user interface such as a squeeze might invoke a particular command and similar features. At the same time, the company might introduce multi-stable regions in the housing that will allow the device to acquire any shape possible.
Considering the high ambitions of the iPhone maker, a flexible device might not come out in the next few years but one thing is for sure that Apple Inc is looking forward to innovate in the mobile device industry. Earlier, Apple initiated its efforts for securing this patent in September 2011 and secured the patent this week with patent number 8,929,085.
The shares of Apple Inc. (NASDAQ:AAPL) are trading at $107.75 with current P/E ratio of 16.76. The company has a market cap of $623.72 billion with a dividend yield of 1.74% and institutional ownership of 62%.
This article has been written by Prakash Pandey.