December 8, 2020
The holidays are here, and gadget lovers are scouting for some of the hottest technologies to finish out their wish lists. Americans love their gadgets. Organizers of the 2020 Consumer Electronics Show (CES) in Las Vegas predicted $422 billion in sales of some 300 kinds of consumer tech products and services in the U.S. market this year, a gain of four percent from 2019. While this was just before the onset of COVID-19, spending in the technology space has actually accelerated due to the pandemic.
If you have a techie in the family, here are some of the companies behind this year’s hottest gadgets that may light up their holiday season.
Hewlett Packard Enterprise Company (Tii:HPE)
Hewett Packard is rolling out a long line of technology for the holidays. While the company – and shares of its stock – may have lost some of its luster over the years, HP is still the second-largest computer vendor in the world. One tech gadget to keep an eye on is the HP Sprocket Select Portable Photo Printer. This little printer is as small as your phone, making it easy to carry anywhere. If you take the perfect picture and a friend asks if they could have it, you can print it up quickly for them.
Beats - Apple Inc. (Tii:AAPL)
Apple products and its music streaming platform enjoy a large and loyal customer base. If you have such a person in your family, consider getting them the Beats Solo3 Wireless On-Ear headphones. These sleek wireless headphones will allow you to listen to music for over 40 hours and if the battery is low, a five-minute charge will provide an additional three hours of listening. Founded by music producer Dr. Dre and record company executive Jimmy Iovine, Apple purchased Beats in 2014 for $3 billion in cash and stock.
iRobot Corporation (Tii:IRBT)
You have seen the social media posts with the cat sitting on the robot floor cleaner. Why not get one for the gadget person in your life? The iRobot Roomba 675 Robot Vacuum can keep the house clean and is voice-activated through Alexa or Google Home. Considered one of the elite companies dominating the market for smart home gadgets, the company posted a 72% rise in earnings on 43% higher revenues for its third quarter. The strong results were due to better-than-expected orders from retailers tied to favorable sell-through trends, anticipated demand for the holiday season and incremental orders to support certain customer events, as well as robust direct-to-consumer sales growth.
NETGEAR, Inc. (Tii:NTGR)
Combining artwork and technology is usually reserved for photography or graphic designs. Netgear has taken a different route by offering a way to upload digital artwork and display it anywhere in your home. The Meural Canvas II is a digital display with a handcrafted frame that can make uploaded digital art look more like brushstroke paintings. This digital frame will adjust the look based on the room's light level and go to sleep when it is dark in your home. With stock gains of 33.93% for the year (through December 4, 2020), the company’s products are sold in approximately 30,000 retail locations worldwide.
Oculus – Facebook Inc. (Tii:FB)
Virtual reality is becoming more mainstream in our homes. Your techie family member has probably mentioned wanting at least one pair of VR headsets. The Oculus Quest 2 allows users to use their Facebook accounts to login and immerse themselves in virtual worlds from the comfort of their sofas. Acquired by Facebook in 2014 for 2.3 billion in cash and stock, the Oculus Quest 2 can run as both a standalone headset with an internal, Android-based operating system and with Oculus-compatible VR software running on a PC when connected over USB.
There is no limit to the types of cool gadgets you can get for the techies in your life – and brands such as these allow techies of all ages to interface with the gadgets they love.
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