Google's Home chief confirms ongoing investment in smart displays, hinting at a new Nest Hub with an 'incredible form factor' for Gemini for Home, though no specific details or release date have been announced yet.
Apple is set to launch new Apple TV 4K and HomePod mini 2, signaling a broader expansion of its smart home ecosystem with upcoming products like a smart display, security camera, and video doorbell, all centered around Apple Intelligence, hinting at a significant future strategy for Apple Home.
Apple remains secretive about upcoming products but CEO Tim Cook has hinted at continued innovation in areas like AR with the Vision Pro, potential smart glasses, and foldable devices, emphasizing that the iPhone will remain a key device even as new categories are explored.
Apple is exploring new product categories, including robots, as it prepares to launch new iPads and accessories in May. The company is also making management changes and upgrading its Vision Pro with new features. CEO Tim Cook is leading the charge as Apple seeks to innovate and expand its product lineup.
Apple is reportedly exploring the development of personal robots for the home, with projects still in early stages including a mobile robot that can follow users and a table-top device for improved video calls. The company is concerned about consumer demand and whether people would pay "top dollar" for these robots, as it shifts focus from its abandoned electric vehicle initiative to new products for the home, including a home hub device with a display resembling an iPad.
Apple is reportedly exploring the development of home robots, including a mobile robot that can follow users and a smart display device. This move comes after the company abandoned its self-driving car project and amidst recent challenges such as declining iPhone sales and legal issues. While the company's foray into home robotics is still in its early stages, it signals a potential shift in focus towards innovative new products.
HSBC analyst Michael Tyndall has initiated coverage of Tesla with a Reduce rating and a $146 price target, citing concerns about the timeline and costs of future products. While Tyndall praised Tesla as an innovator in the EV sector, he believes that the market and valuation are not reflecting the longer timeline for profitability. HSBC views Tesla differently from conventional carmakers and acknowledges its potential, but questions the credibility of its growth aspirations. The main headwinds to Tesla's growth story are upcoming non-car products that are hard to model from a discounted cash flow perspective. Additionally, Tyndall sees Elon Musk as a "singleman" risk to the company.
Samsung has filed numerous trademarks throughout 2023, some of which are quite peculiar. These include "Samsung TED," which remains a mystery, "Samsung Gauss" related to AI software, "FlexSnap" and "FlesShot" potentially for new camera features, "F Samsung Bot Fit" for a robotic exoskeleton suit, "Kitchen Edge" for a kitchen appliance or software, "SuperSlim Design" as a catchphrase, "Music Frame" for a potential new speaker, "Open Always Wins" with an unclear purpose, "Shinebolt," "Snowbolt," and "Flamebolt" for high-performance DRAM, and a plethora of trademarks related to a smart ring. These trademarks offer a glimpse into Samsung's plans for future products and innovations.