Report claims Apple currently has no plans to release its hotly anticipated smart ring

With Samsung releasing its smart ring, rumors about Apple developing its own health accessory started to float on the web. In February, ET News said Apple was also readying its own competitor. According to the publication, Cupertino was “steadily applying for patents” as it aimed to grow into the digital healthcare market.

While an industry insider told the publication the Apple smart ring release was "imminent," it wasn't true. A few days later, Bloomberg's Mark Gurman said the Apple Ring was just an idea, like the Apple Glasses.