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Gadgets, Smartphones & Tech

smartphone,A consumer based economy always lends itself to technology, as members of the economy demand the newest, coolest gadgets. Because of that, it is pertinent for both consumers and investors to be aware of the current tech trends and most recent products. When everyone is scrambling to buy the newest iPhone or sort out the latest Apple rumors, investors are doing the same with Apple (NASDAQ:AAPL) stock.

Reduce the scramble in your life by reading our reviews and analysis on the latest tech companies and their products.


RELATED: Technology Sector Quote (CIX: MSECTOR8)

iPhone XS, iPhone XS Max, iPhone XR and Everything Else Apple Announced

AAPL announced the iPhone XS, iPhone XS Max, iPhone XR, and Apple Watch Series 4 at today’s special Apple event. Read Article

Wednesday Apple Rumors: Apple Reveals iPhone Xs and Xs Max

Wednesday's Apple Rumors include major announcements from the company made during its Gather Round event taking place today. Read Article

NIO IPO: Tesla’s Rival Has Weak Stock Debut

The NIO IPO didn't raise as much money as the electric car maker was hoping for and that may be a sign of tough times ahead for the company. Read Article

Here’s Everything You Should Expect From Today’s Apple Event

Here’s everything we’re expecting AAPL to announce at today’s Apple event, including the new iPhone Xs and Apple Watch Series 4. Read Article

Tuesday Apple Rumors: Images of 2018 iPhone SIM Trays Leak

Tuesday's Apple Rumors include talk about changes coming to the next MacBook Air, how much the iPhone Xs Max will weigh and more. Read Article

Tesla Retires 2 Car Color Options

Tesla (TSLA) has announced that it is retiring two color options for customers when ordering cars in an effort to streamline production. Read Article

AT&T 5G Cities List: 19 Places Slated for 2018-2019 Launches

The number of AT&T 5G cities has expanded to 19 places that are expected to have the speedy cell service sometime within this year and 2019. Read Article

Monday Apple Rumors: Possible 2018 iPhone Prices Leak

Monday's Apple Rumors include the possible final names for the 2018 iPhone lineup, major changes coming to the 2018 iPad Pro and more. Read Article

Why Apple Stock Avoided a Beating From Trump’s Latest Tweets

President Trump’s tweet suggesting Apple should build U.S. factories didn’t hit AAPL stock, but it pummelled Apple’s Asian suppliers. Read Article

Friday Apple Rumors: Apple News Beefs Up with Liz Schimel Hiring

Friday's Apple Rumors include the final preparations for opening a new store in Suzhou, China, one of the top Mac apps being removed from the App Store and more. Read Article

Ford F150 Recall 2018: Truck Seat Belts Could Spark Fire

A Ford F150 recall has been announced over the risk of seat belt fires and 'InvestorPlace' has a few things owners should know about the issue. Read Article

Robinhood IPO: 9 Things to Know About the Trading Startup

A Robinhood IPO is in the works and 'InvestorPlace' has a few things to know about the company's plans for going public. Read Article

Elon Musk Smokes Pot, Uses Flamethrower in Joe Rogan Interview

Tesla (TSLA) and SpaceX CEO Elon Musk sat down for an interview with Joe Rogan yesterday and it wasn't quite a normal look at the entrepreneur. Read Article

Can Facebook Shopping Endeavor Disrupt E-Commerce Market?

Facebook’s (FB) Instagram may enter the e-commerce segment by rolling out its own shopping app called IG Shopping. This move may put companies like Amazon.... Read Article

6 Cybersecurity Stocks in Focus as Hacking Threatens Elections

Growing data breach concerns ahead of the U.S mid-term elections in November is boosting the prospects of cyber-security firms. Compare Brokers.... Read Article

Thursday Apple Rumors: Online Store Launches New iPhone Preorders

Thursday's Apple Rumors include plans to launch a new web portal for law enforcement, progress in Apple's efforts o acquire Shazam and more. Read Article

Facebook to Build its First Data Center in Asia for $1B

Facebook (FB) intends to unveil new data center in Singapore, its first-ever in Asia. Compare Brokers.... Read Article

Toyota Prius Recall 2018: Defect Poses Fire Risk

A Toyota Prius recall was issued as more than 1 million hybrid vehicles have an issue with the electrical system that could pose a fire risk. Read Article

Wednesday Apple Rumors: Third-Party USB-C to Lightning Adapters Are Coming Soon

Wednesday's Apple Rumors include talk about an ultrathin MacBook coming out soon, estimates for how large Apple's video streaming service will be and more. Read Article

Apple Watch Sales Remain Strong Ahead of Series 4 Launch

Apple (NASDAQ:AAPL) is just a week from the expected launch of the Apple Watch Series 4, along with the newest generation of iPhones. However, while iPhone sales are flat or slipping, Apple Watch sales continue to be solid. Global Q2 numbers show the Apple Watch is not just the top-selling smartwatch, but it is also the top-selling wearable overall. That’s despite competing against inexpensive fitness trackers from China, and the latest smartwatch from Fitbit (NYSE:FIT). [ipm_caption id="1250340" align="right" width="728"]Apple Watch Sales Remain Strong Ahead of Series 4 Launch
Source: IDC
[/ipm_caption] Overall, it’s good news for Apple stock. There are several challenges on the horizon, but the release of the Apple Watch Series 4 is expected to address these.

Q2 Apple Watch Sales

Apple Watch sales continue to set the pace for the industry. According to Q2 numbers from Counterpoint Research, the Apple Watch was the top selling smartwatch in the world, with a 41% share. That’s nearly double second place Fitbit, which came in at 21% on the strength of its new Versa smartwatch. [ipm_internal_ad_list ipm_ad__post_id_1="1249461" ipm_ad_copy_1="Trump%20Supreme%20Court%20Creates%20Legal%20Sports%20Betting%20Investment%20Bonanza" ipm_ad_url_1="https://investorplace.com/2018/09/trump-supreme-court-creates-legal-sports-betting-investment-bonanza/" /] Meanwhile, IDC’s Q2 numbers for global wearables put Apple Watch sales on top with 17% of the total market and 38.4% growth compared to Q2 2017. That’s particularly impressive considering second place Xiaomi primarily moved basic fitness trackers like its Mi Band 2 that sells for $25. IPhone sales are still the key driver of Apple revenue (and Apple stock), but Apple Watch sales are becoming an important part of the company’s bottom line and helping the company to diversify.

About Those Challenges...

While the Apple Watch sales numbers are good, there are challenges ahead that could have downside for AAPL stock if they're left unchecked.  First, while the LTE-equipped Series 3 (starting at $399) continues to sell well, Counterpoint Research says the Series 1 (starting at $249) accounted for nine out of 10 Apple Watch sales in Q2. AAPL still gets the market share bump, but with a much lower ASP -- a number Apple investors have been watching closely thanks to its growing importance when it comes to iPhones. The second issue that looms is a direct threat to Apple’s dominance. To this point, smartwatches running WearOS from Alphabet’s (NASDAQ:GOOG, NASDAQ:GOOGL) Google division have sold poorly. In Q2, WearOS smartwatches had just a 7% global marketshare. But a new generation is due this fall, running the latest WearOS and built around a new processor from Qualcomm (NASDAQ:QCOM) that promises to be a huge leap forward compared to the old version, which was essentially cobbled together based on outdated technology. The danger here is the potential for a repeat of Android catching the iPhone and going on to dominate the smartphone industry. Fortunately for those who invest in AAPL stock, the company is on top of things.  The Series 4 has the first significant physical upgrade since Apple released its smartwatch in 2015, with a display that’s 15% larger than previous models (confirmed in photos accidentally leaked by Apple). That improvement is likely to drive a wave of upgraders from early generations. And the new watchOS 5, also releasing in the fall, won’t run on first generation devices, which is likely to further boost upgrades -- and Apple Watch sales.   The combination of watchOS 5 plus the new Apple Watch Series 4, plus the continued availability of previous generation Apple Watch models at discounted prices provides a solid defense against a potential surge in WearOS smartwatch popularity.  The one thing that remains as a cap on the number of potential Apple Watch sales is the company’s refusal to support connectivity between its smartwatch, and Android smartphones. But with an estimated 728 million iPhones in active use as of April 2017 (a number that will have grown since then), Apple Watch sales have plenty of room for growth before bumping into any kind of ceiling. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities.

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