Apple is considering the launch of a screenless wearable device in a larger initiative to revamp its wearables lineup and stimulate growth in the Apple Watch segment, according to reports.

The decision occurs as screenless fitness bands and smart rings become favored by consumers seeking lighter, non-distracting health-tracking options.

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The company based in Cupertino is reportedly considering various new paths for its wearable division, such as devices without displays, different screen technologies, and novel form factors.

Included in the discussion are fitness trackers akin to Whoop bands, which emphasize health tracking without providing a conventional screen. Apple's industrial design team has been considering a broader reevaluation of the Apple Watch range as competition increases from devices like Oura Ring, Whoop, and other health-oriented wearables.

The company has explored various watch designs, including circular faces, as well as both high-end and budget-friendly product ideas.

Nonetheless, the report mentioned that the firm has yet to reach any conclusive determinations, and numerous ideas are still in the exploratory phase. If approved, significant design modifications are not expected to appear in the market anytime soon.

Apple aims to enhance its wearable ecosystem by incorporating more AI features. The report indicates that the company recognizes a chance to merge developments in artificial intelligence with enhanced health and wellness tracking features.

The Health app from the company is said to be undergoing redesign to match the increasing consumer demand for AI-driven wellness solutions. Apple leaders think that upcoming wearables may provide more tailored health information with decreased dependence on ongoing screen interactions.

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Before any significant redesign occurs, Apple is anticipated to introduce the Apple Watch Series 12 and a new Ultra version featuring performance enhancements, fresh color choices, and extra health capabilities. Certain reports have indicated the potential reintroduction of a ceramic case choice.

The wider reassessment arises as Apple's Wearables, Home, and Accessories segment has expanded at a slower pace than other product lines, leading the company to seek new methods to boost demand.

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Earlier, In the US, three cryptocurrency investors have filed a lawsuit against Apple, claiming they lost over $1.8 million in total after downloading what they thought was a genuine Bitcoin wallet from the App Store.

The complaint states that users downloaded an app called Sparrow Wallet, moved their Bitcoin into it, and subsequently found out that the software was not the legitimate product. The authentic Sparrow Wallet service is unavailable on Apple's iOS platform. The plaintiffs assert that the occurrence led to considerable financial damages. Court documents indicate that one investor suffered losses of nearly $875,000, another around $840,000, and a third alleges losses of roughly $120,000.

Central to the legal dispute is Apple's claim that its closely regulated App Store offers a more secure environment than rival mobile platforms. The lawsuit contends that users depended on those guarantees when choosing to install the application, trusting it had successfully gone through Apple's review process. The plaintiffs are requesting reimbursement for their losses, extra damages, and a trial by jury.