SF Gate

Tuesday, April 26, 2016

Apple Revenue Declines For The First Time In 13 Years

But as the smartphone market matures, Apple has been looking into other areas of growth, including wearables, augmented or virtual reality, and a rumored electric car. On Tuesday, Cook did not directly address any of those projects.

“The future of Apple is very bright,” Cook said in a call with investors. “Our product pipeline has amazing innovations in store.”

Last year, it released the Apple Watch, its first major product since the iPad. The watch was Apple’s first mov ...read more

Monday, March 28, 2016

Pandora Founder Replaces CEO; Is ‘For Sale’ Sign Gone?

Pandora was an early pioneer in online music when Westergren founded the Music Genome Project, a massive song database that would become Pandora, in San Francisco in 2000, moving it to Oakland later that year. He returns to the CEO post he held from May 2002 to July 2004.
The landscape today is far more competitive. Pandora, with about 81 million monthly active listeners, must battle powerhouse music services such as Spotify, Apple, Amazon and Google.

A recent Parks Associ ...read more

Sunday, February 21, 2016

Samsung Unveils Virtual Reality Camera At Mobile World Congress

Samsung is also refreshing its Galaxy phone line in an attempt to catch Apple’s iPhone. A recent report from Parks Associates said Apple leads Samsung in the U.S. smartphone market, 40 percent to 31 percent. But Samsung is “catching up,” Harry Wang, Parks Associates director of health and mobile product research, said in a press release.

From the article "Samsung Unveils Virtual Reality Camera At Mobile World Congress" by Benny Evangelista.

Saturday, February 13, 2016

TV Producers May Start Making You Wait For New Shows Online

The changes are especially noticeable at Hulu, which is owned by parents of the very television networks — Fox, ABC and NBC — threatened by changes in the way we watch TV. Hulu has set itself apart by offering new TV episodes faster than its rivals; making viewers wait longer could limit its appeal.

“Hulu’s DNA has been recent episodes of TV shows,” said Glenn Hower, an analyst at research firm Parks Associates.

From the article "TV Producers May Start Making You Wait Fo ...read more

Saturday, May 23, 2015

Smart home of the future is here; why aren’t people buying in?

What will convince consumers that a connected home is worth the cost and effort? Device makers hope to sell the idea that a connected home is not just safer, but also saves money and is ultra-convenient.

Smart home devices must automate daily mundane tasks so the homeowner doesn’t have to worry about them, said Stuart Sikes, president of the research firm Parks Associates.

“We’re moving to a place where we have proactive home managers, devices that turn off the water and ...read more

Tuesday, October 14, 2014

Google charges membership for online shopping service

“Google is willing to step into an unchartered territory in order to compete with Amazon for user traffic and performance-based advertising opportunities,” said Harry Wang, director of health and mobile product research at Parks Associates.

From the article "Google charges membership for online shopping service" by Wendy Lee.

Thursday, October 09, 2014

Carl Icahn presses Apple to buy back more shares, says stock

Apple will probably hold off on making any immediate decisions on its capital returns program and will take a look at what its business needs are, said Harry Wang, director of health and mobile product research at Parks Associates. Six months from now, it’s possible that Apple could increase its share buybacks or dividends if that makes sense for the business, he said.

But if Apple decides to increase its capital returns program, it would take away money from the company’s c ...read more

Thursday, September 11, 2014

Apple Watch is a big threat for Jawbone, Fitbit devices

Because the Watch tracks more than just fitness data, it will slowly exert a "cannibalization effect" on existing fitness-device makers like Garmin and Fitbit, said analyst Harry Wang of Parks Associates.

"It will eat into the demand for single function fitness bands," said Wang, Parks Associates director of health and mobile product research. "It will start to happen when Apple ships its product next year."

Parks Associates has projected worldwide sales of digital healt ...read more

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