Samsung to Launch Smart Speaker Next Year
Smart speakers are here to stay, and Samsung is the latest tech giant that is interested in jumping into the market. Archrival Apple recently announced that its forthcoming $349 HomePod would be delayed until early 2018, while Alphabet subsidiary Google (NASDAQ: GOOG) (NASDAQ: GOOGL) just launched its $399 Google Home Max this week. Social network Facebook is even considering a smart speaker, and of course there's Amazon.com's (NASDAQ: AMZN) market-leading Echo family.
Samsung mobile chief DJ Koh confirmed to CNBC in August that the company was indeed working on a smart speaker, but didn't share any details at the time. Does the South Korean conglomerate stand a chance?
Google Home Max launched this week. Image source: Google.
Source: Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 73 Buy predictions and 7 Sell predictions.
As a result the target price of 280 € shows a slightly positive potential of 5.94% compared to the current price of 264.3 € for Apple Inc..
