Wearable technology is quickly evolving into the next big consumer electronics market. Companies like Samsung, LG, Sony (SNE), Apple (AAPL), and Motorola (MSI) are racing to get their newest smart watches to the market, especially as the holiday season approaches. Samsung alone has released nearly 10 smart watch variants over the past year, and although the market is far from saturated, it is highly competitive.
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Yik Yak Attack
Yik Yak, a new social media application, is taking college campuses by storm. The app intertwines two proven platform concepts based on Twitter (TWTR) and Reddit. This unique combination, which permits users to create, and vote on, popular threads, has catapulted Yik Yak to the social media forefront.
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Will Minecraft Save Microsoft?
War Of The Smart Watches
Apple’s (AAPL) highly anticipated iPhone 6 debut has come and gone. On Tuesday, September 9th, CEO Tim Cook, and other top executives, took the stage in Cupertino to unveil the next generation iPhone (the iPhone 6 and iPhone 6 Plus) and new iOS 8 platform. Upon conclusion of this expected announcement, Cook reemerged on stage and nonchalantly uttered Steve Jobs' three iconic words: "One. More. Thing."
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Smartphone Saturation
The smartphone market has become increasingly saturated over the past few years. While originally controlled by Apple (AAPL), companies such as Samsung, Xiaomi, and Motorola (MSI) have increased their respective market shares. Today, customers are presented with dozens of premier smartphone choices, but are limited to two operating systems: Apple’s iOS and Google’s (GOOG) Android platforms.
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The Social Media Revolution
Over the last six years, companies like Facebook (FB) and Twitter (TWTR) have risen to the forefront of the social media revolution, along with their stock prices. These companies are praised for their seemingly limitless pools of innovation and young talent; yet, what most investors and analysts fail to recognize is that these companies would be seemingly irrelevant if not for the rise of mobile applications.
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Apple's New Watch
Apple (AAPL) has a lot riding on its upcoming fall product releases. Both a new iPhone and smart watch will likely be announced in the coming months; specifically, Apple will address release specs for the iPhone 6 on September 9th. In the week prior, I outlined what consumers should, logically, expect from the highly anticipated iPhone 6 launch.
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