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MarketFoolery

MarketFoolery: 09.05.2013

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 5 September 2013

⏱️ 21 minutes

🧾️ Download transcript

Summary

Samsung & Qualcomm unveil the first smartwatches. US auto sales rise in August. Campbell Soup teams up with Green Mountain Coffee Roasters and we dip into the Fool mailbag.

Transcript

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0:00.0

It's Thursday, September 5th.

0:04.0

Welcome to Market Fullry.

0:05.0

Chris, joining me in studio today from Fool.com, Matt Copenhagenhepper and David Hanson.

0:10.0

Good seeing you, Chads.

0:11.0

Hey Chris.

0:12.0

How are you in here? We're going to talk... Good to you, Chads. Hey Chris.

0:12.6

How you being here?

0:13.6

We're going to talk about the smart watch industry, which has officially begun.

0:20.4

We're going to talk auto sales here in the U.S. Which are on the rise. We're going to dip into the full mail bag and we're going to talk about frankly a pretty awesome

0:30.4

fun story from the world of food but potentially a lucrative story in the world of food.

0:37.0

Let's start with the Smart Watch War which as I said has officially begun.

0:42.0

Qualcomm, yes, Qualcomm and Samsung

0:44.5

have both introduced smart watches.

0:48.8

And I'll just read directly from the Reuters story, which says that these two companies are tapping a potential

0:55.8

wearable market worth an estimated 50 billion dollars as the high-end

1:01.5

mobile phone market becomes saturated.

1:04.8

I've been a little dubious of the smart watch thing just because it's been well

1:10.5

over a decade since I've ever worn a watch but does that number surprise you

1:15.2

that that there are analysts out there saying this is a potential 50 billion dollar

1:19.9

market let's just start with that before we get into the gadgets themselves Matt no it doesn't really surprise me but

1:27.5

First I have to say that I can't help but think about you remember the the Cassio watches with the with the little number

1:35.4

pad on them yes I can't help but think of that and that doesn't exactly that that's

...

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