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The company could boost sales by competing with The Home Depot and Lowe鈥檚, Lipsman said. Home and garden, outdoor furniture, and smart home tech are potential categories for a home improvement event, Lipsman said. An April grocery event: 鈥淭his year, there was a pretty heavy emphasis on the food and beverage category鈥� during Prime Day, said our analyst Blake Droesch.

Prime Day shoppers are more likely to be into tech than the general population, leaning toward purchases of smart watches, smart home devices, and AR/VR products, according to CivicScience. 鈥淭his helps to explain why electronics sell so well on Prime Day,鈥� said Dick. 鈥淚t鈥檚 a remarkably tech-savvy group of consumers 鈥� They are on the front lines of early adoption of new technology.鈥�.

Report: Smart Homes Forecast. Article: What happened this holiday season and what to expect from earnings. Article: Amazon鈥檚 struggles give Walmart an opening.

Metaverse hype may have died down, but tech companies are still investing in VR. And a crop of new devices will continue to expand audiences鈥攁lbeit slowly.

Connected devices keep up with commerce. We predict US retail mcommerce sales will grow 14.7% this year to reach $504.95 billion. That growth comes as the US sees 230.0 million connected TV (CTV) users, 151.4 million connected car drivers, 117.1 million smart homes users, and 105.5 million smart speaker users in 2023.

It recently reentered the Indian market; rolled out plans to launch its online marketplace in Mexico, Germany, Spain, France, and Italy this year; announced partnerships with brands such as Skechers and mothercare company Lansinoh; and expanded into new categories such as home appliances and smart home products.

It contains their contacts and their health information and their banking information and their smart home. I think people are willing to really stretch to get the best they can afford in that category," CEO Tim Cook said on the company鈥檚 earning鈥檚 call. How this would work: Apple could accelerate iPhone releases or bring out features planned for future models in a more expensive premium device.

Amazon is also reducing its real estate footprint and distancing itself from poorly performing business units like its Devices and Services group, which is responsible for Echo speakers and smart home devices. A cascading effect of layoffs on the tech industry: 2023 seems to be continuing on last year鈥檚 trend of layoffs as a means to recover from the economic downturn.

Only 8% of internet users worldwide say they are likely to buy an AR/VR headset or device within the next 12 months, per a November 2023 survey from Capgemini. This is much lower than the 30% of consumers who say they鈥檒l invest in smart home security or the 29% that would buy health wearables/tracking devices.

The purchase, which is being reviewed by the FTC, would expand the ecommerce giant鈥檚 slate of smart home products. Farfetch acquired a 47.5% stake in Yoox Net-a-Porter (YNAP) as part of its bid to become the dominant player in luxury ecommerce.

Each redesign aimed to circumvent patent infringement and alter the way Google鈥檚 Nest line of smart speakers and other smart home devices work. The ITC鈥檚 ruling doesn鈥檛 affect Google鈥檚 bottom line but could be inconvenient for its customers who now have to relearn how to enable basic features.

So I think that particular device is having a wide-ranging impact on a lot of these behaviors. Bill Fisher:. That's a good start. Any other milestones? Paul Verna:. Not necessarily a milestone, but I think smart home products in general have been doing very well, trending upward, and particularly in North America, 26-plus percent adoption.

Smart home robots is what we're talking about. Wes Davis at the Verge writes that humanoid robots are one of those dreams that sometimes feels like we're on the precipice of realizing Boston Dynamics has its Atlas robot and Tesla is pursuing robotics while companies like Mercedes, Amazon and BMW are or will be testing robots for industrial use.

Physical stores are the new frontier for retail media. But undeveloped tech capabilities, competing priorities, and unproven new formats are hurdles retailers need to address.

Today, In Other News, placing labels on internet-connected devices and Apple's lip-reading technology. Story one, "Many smart home devices will soon feature a label that helps folks figure out how secure these products actually are," writes Sam Sabin of Axios.

On today's episode, we discuss how time spent on smartphones is changing, what people do on different devices, and what digital time spent in your car might look like. "In Other News," we talk about the significance of Amazon's Sidewalk network and what to make of two new pieces of potential AI legislation. Tune in to the discussion with our analyst Yory Wurmser.

So Amazon may want to see if they can each share from brick and mortar retail and I think they could build it around the home and garden category. Outdoor furniture could be popular during this. I also think Amazon has a lot of Greek flagship electronics for the smart home and protecting your home, security, ring doorbell, things of that nature.

You mentioned selling these devices, these Amazon specific devices in a lot of instances. They're selling this category of consumer electronics less to make money, more to get inside the consumer's homes. They're selling their own consumer electronics to try and establish themselves inside your home with Amazon devices. Fire devices, echo devices, things like that.

European Commission probes Broadcom鈥檚 VMware acquisition: Investigations could derail consolidation and spur the UK鈥檚 CMA and the US' FTC to undertake their own antitrust queries, possibly delaying the merger.