Apple CEO Tim Cook Departs The Stage Following His Keynote Address
Apple CEO Tim Cook departs the stage following his keynote address at the Worldwide Developers Conference in San Francisco, California, June 2, 2014. Reuters

Apple made it clear during its Worldwide Developer Conference that it has been interested in exploring the idea of "connected home" or "smart home." People can expect the iPhone 6, iPad Air 2 and other upcoming Apple hardware to be compatible with home devices. More importantly, there release of the iPhone 6, iPad Air 2 and other products like MacBook Pro should drive the stock price for Apple achieving new highs.

Apple made its interest over smart device control apparent when it introduced the HomeKit feature that can soon come with iPhone and iPad devices running on the iOS 8. The HomeKit allows developers to tweak their programs and other products to work with a range of smart home devices. According to the Cheat Sheet, the use of iPhones and iPads for smart home device control is just the tip of the iceberg. The "Internet of Things" is much bigger. It refers to a growing network of physical objects connected to the wireless network.

According to a patent published under the US Patent and Trademark Office, Apple has secured a technology dealing with "Location-sensitive security levels and setting profiles based on detected location." To some extent, the patent discusses Apple's approach to Internet of things. According to the document, Apple has developed a system that can automatically tweak the "security level and/or other device behavior, configurations, or settings" of a mobile device based on location.

According to the Cheat Sheet, one of the advantages of the "broader" Internet of Things is its capability to connect a range of devices to suit particular needs of users. For instance, a smart door can be locked via the homeowner's phone or tablet upon entrance. It is also possible for the door to recognize the homeowner as he/she approaches. The functionality of internet of things can open more doors for devices like iPads and iPhones to be integrated more into people's daily life.

According to a report by America's Markets, the $100 barrier is a magic number for Apple. It will be an all-time high for Apple who appears to be working on reaching such record. Its stocks have been hovering around the barrier but the mark remains elusive. According to the report, the company's stocks have been on a good and stable run all throughout the year. Analysts believe the release of the iPhone 6 should help the company boost its stock performance further.