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Industry Focus

Tech: What's Up With Wearables?

Industry Focus

The Motley Fool

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4.6854 Ratings

🗓️ 18 August 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

We run through recent wearables market data from Strategy Analytics, check in on the major players, and talk about the long-term outlook for Fitbit.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day.

0:07.0

It's Friday, August 18th, and we're going to do a little rundown on the wearable space.

0:11.0

I'm your host, Dylan Lewis, and joining me on the phone to talk tech is

0:14.4

fool.com senior tech specialist Evan New. Evan what's going on? Not too much, not too much.

0:21.1

A little bit of a hicup today. We were planning on Skyping you in as we normally do, but ran into some issues because we lost some power at Fool HQ, I guess yesterday and having some troubles with our computer. So I hope that the quality comes through okay

0:33.2

a little wrinkle in having you on the phone but happy to have you here.

0:37.8

Happy to be here. So Evan we're talking wearables and you are an Apple watch owner right?

0:45.8

I am yes I have one of the first generation ones and it's pretty underwhelming. What do you find that you actually

0:51.2

wind up using it for because I am not someone that has a wearable device,

0:53.9

because I just haven't really seen the use case for it.

0:57.3

I use it to tell the time.

1:01.6

That's probably the number one thing. I mean it's it's like having a little bit of extra

1:08.1

information available is kind of useful like you know the weather or you know all the other kind of little things that you can have displayed in the watch face

1:16.0

But it's definitely not

1:19.4

critical or neat like it's not something that I'm like oh wow I need that now you have some

1:25.2

cool you have some cool tie-ins with what you can do with your car right because you are

1:28.0

a Tesla owner right so there's a third party app that I can use to control my car, which is a Tesla, which is kind of cool.

1:34.5

So I can actually use my watch to unlock my car to start keyless driving.

1:39.7

But again, it's like it's kind of cool to novelty but most the time I just have the key in my

1:44.2

pocket so it's like what's the point I mean it's yeah there's all these like kind of

1:48.9

these fringe use cases I think but I mean for me I'm not super active with fitness type stuff of course I would like to be more active like everyone wants to be healthier right but ultimately like most people I don't usually get up off you know I'm not as active as I

2:06.0

ideally would like to be and of course that's a big push for

...

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