Apple Health app heralds wearable device, analysts say
With no new products announced at Apple’s Worldwide Developers Conference on Monday, Wall Street analysts were left to read the tea leaves from the company’s many software updates to predict what future products Apple might have coming. Many analysts are convinced that Apple’s (AAPL) Health app for the iPhone foreshadows its entry into the wearable device market. “We expect the Health app that collects and passes along vitals to caregiving professionals will be linked to a wearable measuring device, given the fashion and health care experts Apple has been hiring,” UBS analyst Steven Milunovich said in a research note Monday. The Health app will provide a dashboard for all of a user’s health information in one place, including heart rate, calories burned and blood pressure as measured by wearable devices like Fitbit and Nike (NKE) FuelBand. The app will be included with Apple’s iOS 8 mobile device operating system, due…