Register

I agree with the Privacy Policy

San Jose Mercury News

Is wearable tech already wearing thin?

August 17, 2014

Parks Associates' Wang said smartwatches will eventually compete against luxury watch makers such as Rolex, not other tech companies.

Entering into the already established watch market would have companies making fewer sales but higher profit margins, he said. Wang's forecast for the sale of 120 million devices assumes that wearables would act more as a luxury watch, rather than a smartphone or tablet.

Wang cited several factors that could boost the smartwatch market, including technological advances that could make the devices more attractive to consumers. An app developer or innovative start-up, for instance, might come up with a new feature or sexier selling point for wearables that could brighten their prospects.

From the article "Is wearable tech already wearing thin?"

Previously In The News

When your computer crashes, who can you call?

Kurt Scherf, an analyst with Parks Associates, said he used Support.com when his computer started acting funny while he was in France."I noticed my computer was getting buggy, and I had an agent on...

Netflix reverses decision to split its video streaming and DVD services

Yielding to uproar from customers and shareholders alike, Netflix (NFLX) on Monday reversed its decision to split off its DVD service and rename it Qwikster. Instead of launching an all-new website...

RadioShack bets on in-store, same-day repairs to smartphones, tablets

With the wireless phone industry moving away from subsidized smartphones, the cost of the phone psychologically is going to feel more expensive, said Harry Wang, director of mobile research at Park...

Biz Break: Google Chromecast tops Apple TV in streaming battle, report finds

The booming market for streaming video has created another venue for Google and Apple to battle, and Google appears to have ridden lower prices to yet another market-share victory over its Cupertin...

1
2
3
4
›