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Is A 'Giant iPad' What Apple Needs To Not Be A 'Laggard' In The Home Market?
Monday, December 20, 2021 - 6:12am | 575A giant iPad may be the key to people’s homes for Apple Inc (NASDAQ: AAPL), according to tech journalist Mark Gurman. What Happened: Gurman noted that the Tim Cook-led company has been “a laggard'' in the home market and is behind rivals Amazon.com Inc (NASDAQ: AMZN) and...
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Why Sonos Shares Surged Friday After Hours
Saturday, August 14, 2021 - 5:13pm | 499Smart speaker and sound accessory company Sonos Inc (NASDAQ: SONO) was one of the top gainers after hours Friday. Here’s why shares of Sonos were surging late Friday. What Happened: A ruling by U.S. International Trade Commission Judge Charles Bullock showed that tech giant Alphabet Inc (...
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Roku Shares Pop On Smart Home Rumors: What Investors Should Know
Monday, May 24, 2021 - 3:41pm | 428Streaming device company Roku Inc (NASDAQ: ROKU) continues to grow its advertising revenue. The company could have another trick up its sleeve with further penetration into the smart home market. What Happened: A new report from Protocol highlights Roku job postings, recent hires and...
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Apple Acquires A Company Every 3-4 Weeks. How Does It Go About Making Those Purchases?
Monday, May 3, 2021 - 5:16am | 679Apple Inc. (NASDAQ: AAPL) has gone on an acquisition spree over the past few years, but the tech giant does the acquisitions “small and quiet,” according to a report by CNBC. What Happened: Apple follows a different strategy compared to the multi-billion dollar deals struck by its big...
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Apple Discontinues The Original HomePod Speaker
Monday, March 15, 2021 - 1:54am | 448Apple Inc (NASDAQ: AAPL) said it is discontinuing the original HomePod speakers and will focus its efforts on the smaller HomePod mini, TechCrunch reported Saturday. What Happened: The Tim Cook-led tech giant will continue to sell existing HomePod speakers but its website has already run out of...
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Google Kills Its Google Home Max Smart Speaker Line
Tuesday, December 15, 2020 - 4:29am | 430Alphabet, Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) most expensive smart speaker, Google Home Max, is discontinued, the Verge reports. What Happened: The Home Max speakers are sold out on the Google store, and the company confirmed to The Verge that it is removing the three-...
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Citron Research Makes The Case For Apple Acquiring Sonos: 'Undisputed Leader'
Monday, June 22, 2020 - 12:30pm | 565The case for Apple Inc. (NASDAQ: AAPL) acquiring smart speaker maker Sonos Inc (NASDAQ: SONOS) is simple: "home is the new sanctuary," according to Citron Research's Andrew Left. Shades Of Apple: The most recent homebuilder sentiment data showed the largest monthly surge in history,...
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Amazon's New Echo Studio Starts At $199; Sonos Shares Respond Negatively
Wednesday, September 25, 2019 - 2:13pm | 249Amazon.com, Inc. (NASDAQ: AMZN) rolled out the Echo Studio speaker at its annual hardware showcase Wednesday, with prices starting at $199. Sonos (NASDAQ: SONO) shares fell by 2.8% on the news. The Verge, which is reporting live from the event, said the Echo Studio is the latest entry to...
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Analyst: Google Assistant Could Boost Sonos Speaker Sales
Wednesday, May 15, 2019 - 1:22pm | 375“Hey Google, should I buy Sonos Inc. (NASDAQ: SONO)?” Google Assistant can now answer questions through the Sonos One and Beam Speakers. And those people who don’t have Sonos speakers may buy one because of the new Google function, DA Davidson said Wednesday. The Analyst DA...
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Careful What You Say Around Alexa: Someone Might Be Listening
Thursday, April 11, 2019 - 10:25am | 490Is someone listening to your private conversations? Amazon.com, Inc. (NASDAQ: AMZN) has thousands of people on its payroll whose job it is to listen to voice recordings that its Echo devices pick up, according to a Wednesday Bloomberg report. What Happened Bloomberg, citing multiple...
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Survey: Smart Speakers Quickly Becoming Ubiquitous In American Households
Wednesday, February 6, 2019 - 10:39am | 503Smart speakers have become integral to U.S. households in a big way. The adoption rate of the devices increased from 21.5 percent in 2017 to 41 percent in 2018, TechCrunch reported, citing RBC Capital Markets. Smart speakers had a great holiday quarter, according to new research by Consumer...
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JPMorgan Says Apple Should Go After Netflix, Sonos Or Activision
Monday, February 4, 2019 - 12:58pm | 503What should Apple Inc. (NASDAQ: AAPL) do with its cash hoard of nearly $250 billion? According to JPMorgan's Samik Chatterjee, the iPhone maker should put some or most of that cash to use to acquire one of three companies. What Happened Apple has enough cash on hand to outright buy Netflix, Inc...
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Cramer Compares Sonos IPO To Fitbit: 'Way Too Risky'
Thursday, August 9, 2018 - 9:56am | 426Fitness tracker and smart watch maker Fitbit Inc (NYSE: FIT) saw its stock initially move higher after its 2015 initial public offering, but has since fallen out of favor with investors — and the same may happen with newly public smart speaker maker Sonos Inc (NASDAQ: SONO), according to...
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Sonos Debuts On The Nasdaq
Thursday, August 2, 2018 - 1:45pm | 508Sonos, Inc. (NASDAQ: SONO), a creator of wireless home sound systems, priced its initial public offering at $15 per share and the stock opened for trading at $16. Here's what investors need to know about the newly public company. What Happened Consumers and investors for the most part...
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6 Companies That Benefit From The Growing Smart Speaker Market
Monday, March 12, 2018 - 11:46am | 1026The smart speaker is a tech innovation that's caught fire with consumers, according to the "Smart Speaker Consumer Adoption Report 2018" released by Voicebot.ai in collaboration with PullString and the RAIN Agency. The findings are based on an in-depth national survey of 1,057 U...