Apple's exit from wireless routers will have consequences
Apple's exit from some fringe businesses -- external displays and more recently, wireless routers -- is probably nothing more than a refocus on its core competencies, analysts said today.
But parting with such products, while they have been minor money makers, may have outsized consequences.
"I don't think there's value in the business today," said Carolina Milanesi of Creative Strategies, referring to reports by Bloomberg that Apple had disbanded the division responsible for developing its wireless routers. Instead, Apple is "looking at its businesses and deciding where they make sense, where to put their priorities," Milanesi continued.
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