“The Internet has been rampant with chatter over a watch like product from Apple (AAPL), dubbed ‘the iWatch,'” Christopher Versace writes for Forbes. “As some say, where there is smoke there is usually fire but in this case Apple has filed a number of patents on wearable computing. A newer patent filing regarding a wrist mounted flexible screen — think a slap on bracelet — only adds to that speculation.”
“Wearable computing is not only not new, but it’s had its fair share of story stocks in the past. Back in the day — think more than 10 years ago — Xybernaut Corp. was working to bring wearable computing solutions to the market,” Versace writes. “Today, however, we’re seeing a new class of wearable computing products. Nike’s (NKE) FuelBand, FitBit’s products such as the Flex band and Zip activity tracker, and now Under Armour’s (UA) new E39 performance monitoring system are all examples.More than just those three companies are targeting this market — others include Jawbone, Pebble, MetaWatch and Misfit Wearables. In terms of products, the iWatch could very well be the answer to a smaller form factor, cheaper iPhone product that Wall Street is looking for Apple to deliver.”
Versace writes, “I continue to prefer the ‘bullets not the guns’ way of looking at this and that means key technology companies over device vendors. If we’re talking a new set of mobile devices, that means looking at companies like Qualcomm (QCOM), ARM Holdings (ARMH), Broadcom (BRCM), Skyworks Solutions (SWKS) and others.”
Read more in the full article here.
Yeah, because there’s just too much risk in those companies that put these widgets together into a product that actually brings value to the marketplace, given 30 to 40% margins and potentially billions of customers. /s I wonder what the profit margin is on the components themselves.
Actually, Yahoo shows AAPL’s latest quarterly Profit Margin to be 23.99% while QCOM’s is 31.67%. Hmmm. Get my broker on the phone.
The market wanted Apple to deliver ipad mini . Here it is , now the market says ipad mini affect Apple profit margin . Now the market wants iPhone mini , what will the market say when iPhone mini comes ? Apple is doomed and lack of innovation ?
I am sick of it .
Super-thin, made of glass, needing a very thin very strong frame? I would think Liquidmetal would be ideal for this usage, assuming it’s coming. (And I do.)
iwatch will be failed big time. now people just don’t buy apple product. time is gone when apple release new product, it will be hit successfully? No. iwatch will be worst than Apple TV.