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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Apple's Bright Future
As the third quarter came to end, Apple (AAPL) began to tally its earnings. Historically, the third quarter has been marked by slow growth and decreased earnings for Apple, presumably because the company generally releases its new iPhone(s) in the late fall. This strategy curtails mobile phone sales during the summer, as everyone awaits Apple's newest release.
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Google's Android Watch
For two days in June (June 25-26, 2014), San Francisco hosts Google’s (GOOG) largest developer conference of the year, Google I/O. This is where Google unveils its newest technology and developer tools. Today, Google started the festivities with a 2.5-hour keynote address. Here are the highlights and possible game-changing technologies that Google plans to release in the coming months.
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