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Apple Inc. (AAPL) Has A Revolutionary Technology in Hand

Opening HomeKit to the large community of app developers has its advantages and disadvantages. One fear is that others can take HomeKit and do something that Apple can’t control. However, the openness can pave the way to better apps as it gives quality software developers the opportunity to create apps for home gadgets.

Although, Internet-linked home appliances are not widely adopted, it may see take off this year. According to research from Parks Associates, only 16% of broadband households in the US have smart home devices. This number may rise to 40% this year.

From the article "Apple Inc. (AAPL) Has A Revolutionary Technology in Hand" by Ruchi Gupta.

Previously In The News

Roku Bolsters Its Strongest Business With a $150 Million Acquisition

The bears once believed Roku's hardware business would be crushed by rivals like Alphabet's Google Chromecast, Amazon's (NASDAQ:AMZN) Fire TV, and Apple TV. Yet Roku consistently remains the most popu...

Amazon and Netflix Look to Their Own Shows As the Key to World Domination

“A lot of the time content owners might not necessarily hold all the rights to their content in different markets,” says Parks Associates analyst Glenn Hower. “International content rights are hideous...

Roku Stock: After Soaring 330% in 2019, Is It a Buy, Sell, or Hold?

Meanwhile, Roku's dominance is more evident than ever, with the company's devices accounting for 39% of the U.S. streaming media player installed base, according to estimates by Parks Associates. With...

The World Just Moved One Step Closer To Cord-Cutter Utopia

That leaves local broadcast TV. Access to NBC, ABC, and all the rest remains the biggest impediment to cutting the cord for good. Parks Associates recently found that 55 percent of cable subscribers s...

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