*By Bridgette Webb*
Step aside, iPhones ー the Apple Watch may be coming for your spot.
Christopher Mims, tech columnist for the Wall Street Journal, said Apple's wearables division may be the tech of company's future.
"Apple's strength at this point with wearables is creating accessories," Mims said Friday in an interview on Cheddar.
"You don't need the AirPods, you don't need the Watch or the glasses, but if you put them together, and you have a wireless connection, it might allow a new kind of computing ー a new way to interact with your environment."
Augmented reality, Mims said, is another area of focus for Apple. CEO Tim Cook has expressed enthusiasm for the industry, saying last year that he believes the tech will change the way the public operates forever.
But AR technology is still in its infancy, and mass adoption remains a pipe dream for insiders. As of now, Apple's ARKit can only add digital objects through an iPhone's camera. It's a feature that Mims said will continue to pose a challenge for the Silicon Valley giant.
"Apple's real challenge is no one knows what AR is for," Mims said.
"But we don't know what the killer app for consumers will be. I wouldn't be surprised if it were just some updated version of Pokémon GO," he said.
Apple will debut new its products and features on September 12 at an iPhone event in Cupertino, Calif.
For full interview [click here](https://cheddar.com/videos/apples-next-act).
Gene sequencing test maker Illumina Inc. said Sunday that its board has accepted the resignation of its CEO and director, Francis deSouza, effective immediately.
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Cheddar News checks in to see what to look out for Next Week on the Street as former president Donald Trump makes an appearance in federal court after being indicted. Investors will also keep an eye on the Federal Reserve meeting to see what comes out of that while earnings continue to pour in.
Google will launch its long-delayed News Showcase product this summer.
Walmart is expanding its HIV treatments, planning to add over 80 specialty facilities across nearly a dozen states by the end of the year.
The Internal Revenue Service said there are about $1.5 billion in unclaimed tax refunds dating back to 2019.
General Motors will allow its electric vehicles to use Tesla charging stations across the country.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Modelo Especial is now the top-selling beer in the United States, dethroning Bud Light after 22 years. In May, sales of Modelo Especial hit $333 million. That's up 15.6 percent from the same period last year.
Electric vehicles made by General Motors will be able to use much of Tesla's extensive charging network beginning early next year. In addition, GM will adopt Tesla's connector, the plug that links an electric vehicle to a charging station.
