A smart ring could be Apple’s fix for its slumping watch sales, here’s how

Apple’s wearables business is in need of a refresh — and a smart ring might be the spark it needs. That’s the view from Bloomberg’s Mark Gurman, who wrote in his latest Power On newsletter that the iPhone maker should consider entering the smart ring market as its Watch and AirPods lines show signs of fatigue.

Despite strong products, Apple’s wearables division — which includes the Apple Watch, AirPods, and other accessories — has seen a slowdown. Revenue from the segment fell 7% last financial year, with the Apple Watch alone declining…