Apple is collaborating with LG to introduce a new line of smart home devices including a smart lock, thermostat, doorbell, and various security cameras. These devices will integrate with Apple's upcoming smart home hub, featuring a 6-inch display, set to launch on October 13. The products will carry the LG brand despite joint development and aim to compete with Amazon's smart home offerings like Ring cameras. This move marks Apple's expansion into the smart home market with a focus on security and convenience.
Apple shares are trading at USD 333.96 on Pluang as of October 7, 2026, showing a modest 0.32% gain in the past day. The stock holds a substantial market cap of $4.86 trillion and sees a balanced order activity with 61% of investors buying and 39% selling. This steady performance comes as Apple expands into smart home devices in partnership with LG, aiming to compete with established players like Amazon's Ring.
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