Facebook Stock Forecast: Why Facebook Is Interested In Competing With Amazon’s Echo Show
The 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.
Facebook Stock Forecast
Summary:- Facebook’s interest in consumer hardware is not only limited to selling Oculus VR products.
- Rumor has it that Facebook will soon launch a video-chat home product that will compete with Amazon’s $229 Echo Show.
- The product’s codename is “Aloha.” It’s Facebook’s latest effort to further engage its more than 2 billion users.
- Facebook’s Aloha should also become a large-display gadget where it can deliver targeted advertising.
- FB still touts positive near and long-term algorithmic forecasts from I Know First.