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Though there was no direct reference to Apple, Inventec Appliances’ president David Ho was quoted by Nikkei saying, “We see trends that engineers are designing smart speakers that will not only come with voice recognition but also incorporate features such as facial and image recognition.”
Now Inventec is Apple’s component supplier for HomePods and AirPods. Inventec also supplies parts to Xiaomi, Sonos and Fitbit , per media reports.
Apple unveiled the Face ID technology at its September event. iPhone X is the first device to feature this technology. Face ID is powered by TrueDepth camera that comes with a flood illuminator, infrared camera, dot projector, front camera and ambient light sensors. Machine learning enables Face ID to adjust with physical changes in facial appearance over time.
Analysts expect Apple to incorporate this groundbreaking technology in all its products. There have been rumors of Apple refreshing its iPad Pro lineup with Face ID.
HomePod was unveiled at Apple’s WWDC this June. With HomePod, Apple is preparing itself to take on Amazon’s (AMZN - Free Report) Echo and Alphabet’s (GOOGL - Free Report) Google Home, which is a little speaker-like home automation device that can do everything from streaming music to dimming lights or adjusting the heat on the compatible thermostat.
HomePod has similar functions to Echo and Home. Interestingly, it is also integrated with Apple Music and Siri. The speaker is a seven-inch circular device and will be available in two colors — black and white. The device is powered by an A8 chip processor and has a customized four-inch woofer.
By integrating Face ID, Apple is taking HomePod to another level. With Face ID, the device can scan the person nearby and automatically set up music, thermostat and more per his/her preference.
However, as with all Apple products, price point remains a concern. HomePod carries a price tag of $349, heftier than Echo and Google Home, which are priced at $179 and $129, respectively. Analysts observe that Apple is already late to the party and such a hefty price tag might prove to be an impediment. However, Apple’s loyal fan base is not to be underestimated. HomePod will start shipping in December.
Notably, the company has outperformed the industry in the past year. Shares of Apple have surged 64.6% compared with the industry’s 62% rally.
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It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
Image: Bigstock
Will Apple's (AAPL) HomePod Feature Face ID Technology?
Per Nikkei Asian Review, Apple Inc’s (AAPL - Free Report) next edition of HomePod may be equipped with Face ID technology.
Though there was no direct reference to Apple, Inventec Appliances’ president David Ho was quoted by Nikkei saying, “We see trends that engineers are designing smart speakers that will not only come with voice recognition but also incorporate features such as facial and image recognition.”
Now Inventec is Apple’s component supplier for HomePods and AirPods. Inventec also supplies parts to Xiaomi, Sonos and Fitbit , per media reports.
Apple Inc. Price
Apple Inc. Price | Apple Inc. Quote
HomePod and Face ID
Apple unveiled the Face ID technology at its September event. iPhone X is the first device to feature this technology. Face ID is powered by TrueDepth camera that comes with a flood illuminator, infrared camera, dot projector, front camera and ambient light sensors. Machine learning enables Face ID to adjust with physical changes in facial appearance over time.
Analysts expect Apple to incorporate this groundbreaking technology in all its products. There have been rumors of Apple refreshing its iPad Pro lineup with Face ID.
HomePod was unveiled at Apple’s WWDC this June. With HomePod, Apple is preparing itself to take on Amazon’s (AMZN - Free Report) Echo and Alphabet’s (GOOGL - Free Report) Google Home, which is a little speaker-like home automation device that can do everything from streaming music to dimming lights or adjusting the heat on the compatible thermostat.
HomePod has similar functions to Echo and Home. Interestingly, it is also integrated with Apple Music and Siri. The speaker is a seven-inch circular device and will be available in two colors — black and white. The device is powered by an A8 chip processor and has a customized four-inch woofer.
By integrating Face ID, Apple is taking HomePod to another level. With Face ID, the device can scan the person nearby and automatically set up music, thermostat and more per his/her preference.
However, as with all Apple products, price point remains a concern. HomePod carries a price tag of $349, heftier than Echo and Google Home, which are priced at $179 and $129, respectively. Analysts observe that Apple is already late to the party and such a hefty price tag might prove to be an impediment. However, Apple’s loyal fan base is not to be underestimated. HomePod will start shipping in December.
Zacks Rank and Share Price Movement
At present, Apple carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Notably, the company has outperformed the industry in the past year. Shares of Apple have surged 64.6% compared with the industry’s 62% rally.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>