Aakash Gupta says Apple effectively became the world’s biggest hearing aid company after AirPods Pro 2 received FDA clearance as an OTC hearing aid, undercutting traditional pricing by orders of magnitude.
Apple accidentally built the world's largest hearing aid company.
AirPods Pro 2 got FDA clearance as a clinical-grade over-the-counter hearing aid in September 2024.
The average American pays $4,700 for a pair of prescription hearing aids. AirPods Pro cost $249.
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