IRBT Stock Prediction: iRobot Sweeps Up The Competition

This article was written by Julia Masch, a Financial Analyst at I Know First.

IRBT Stock Prediction: iRobot Sweeps Up The Competition

The true winners in the consumer robot industry are going to be determined for the next decade.” – iRobot CEO Colin Angle

(Source: Wikimedia Commons)

iRobot (NASDAQ: IRBT) has had phenomenal returns over the past 6 months with returns exceeding 70%. So what prompted the meteoric rise for the company leading the autonomous vacuum revolution with its Roomba products?

Concluding Q2 With More To Come

iRobot finished the first half of its fiscal year on a high note with raised guidance

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Amazon Stock Forecast: Amazon (NASDAQ: AMZN) Is Soundly Beating Apple In Smart Speakers

motek 1The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology  – Senior Analyst at I Know First

AMZN Stock Forecast

Summary:

  • Congratulations to Amazon. It looks like Apple’s HomePod smart speaker is a flop.
  • As per the Q1 2018 report of Strategy Analytics, Apple only shipped out 600,000 units of the HomePod. This is way below expectations.
  • Amazon again topped the Q1 rankings. It shipped out 4 million Alexa-powered Echo smart speakers. This will only compel third-party developers to create more skills for Echo speakers.
  • Amazon touts 43.6% share of the 9.2 million (up from 2.4 million in Q1 2017) smart speakers shipped in Q1 2018.
  • Even if Apple produces a more affordable version of the $349 HomePod, Amazon’s long-term leadership in smart speakers will remain intact.

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