Consumers are taking a wait-and-see approach to the emerging smartwatch category, with many waiting to see the second-generation Apple Watch before committing to a purchase, a new survey shows. A survey by Mizuho Securities found that Apple (AAPL) iOS device users have the highest level of interest in smartwatches. But most will wait until at least the second version of the Apple Watch before pulling the trigger. “Given that this is a nascent
GoPro (GPRO), Apple (AAPL), Fitbit (FIT) and BlackBerry (BBRY) are four big-name consumer tech stocks that have been initiated by Sterne Agee CRT. Here’s a breakdown of which ones are seen as buys and why: Apple was initiated with a buy rating. The analyst notes that Apple has a recurring revenue model, since current Apple product users are big drivers of demand for new products. That opens up the possibility for a subscription to the Apple
Comcast on Tuesday launched its Watchable short-form, streaming video service with an app for Apple’s (AAPL) iTunes store. Comcast’s (CMCSA) ad-supported video streaming service targets millennials and YouTube-type audiences. Google (GOOGL) reportedly is readying a subscription music and video service with an ad-free version of its YouTube. Some observers speculate Comcast, which owns NBCUniversal, could also make an NBC on-demand app available