Smartwatches are expected to take off faster than the Apple (AAPL) iPad did when it was first launched, according to eMarketer. But the high price of smartwatches and other Web-connected wearables — plus the lack of a must-have ‘killer app’ — are hindering widespread consumer adoption, an analyst with the research group said on Thursday. EMarketer’s take on the potential for wearables comes a week after the Apple Watch was introduced in stores and
It might’ve been a quiet session for the broad market Thursday, but not for a few health care-related industry groups that rallied broadly after the Supreme Court removed a major layer of uncertainty from President Obama’s Affordable Care Act. The court basically upheld nationwide tax subsidies, even in states that did not create an official insurance exchange of their own. Just over 10 million people have signed up for health insurance as a
Netflix (NFLX) stock fell Thursday, a day after hitting an all-time high and then reversing after billionaire investor Carl Icahn indicated the stock had peaked. Netflix dropped 2.1% to 664.43 on the stock market today. On Wednesday, Netflix hit a record high of 706.24 but closed down a fraction for the day after Icahn said he sold the last of his shares in the company — and said Apple (AAPL) now represents the same kind of opportunity to