| The KUIK Market Update for Monday, September 14: | |||||||
| Markets are down but up off their lows. | |||||||
| \ | |||||||
| Index | Direction | Change | Units | Time | Change | ||
| Dow | Down | (41) | points | 16,392 | 8:03 AM | ||
| S&P500 | Down | -0.2% | percent | 1,957 | (4.35) | ||
| Nasdaq Composite | Down | -0.3% | percent | 4,810 | (11.85) | ||
| 30 Year Treasury | Down | (1) | Basis Points | 2.93 | Annual Yield | ||
| Wearable device shipments are expected to nearly triple this year to 76.1 million units, up from 28.9 million in 2014, according to a new report from IDC. By 2019, IDC expects worldwide shipments of both basic and smart wearables, such as Fitbit and Apple’s watch, to reach 173.4 million units, representing a five-year compound annual growth rate of nearly 23%. Currently, Apple Watch has the largest market share among the smart wearables at 58.3%. Google’s Android Wear has 17.4%, while Pebble OS rounds out the top three at 8.7%. | |||||||
| IBM launched an Internet of Things division today that will be anchored by its Watson cloud-computing technology and help fuel the adoption of smart-city technologies. The team will be led by Harriet Green, the former CEO of British global travel company Thomas Cook Group. She will oversee a team of more than 2,000 people, who will help clients integrate data from a large number of sources. | |||||||
| Serving the West Side first, I am Bill Roller of BR Capital for 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/apple-to-lead-nearly-tripling-of-wearable-device-shipments-in-2015-idc-2015-09-14 | |||||||
| http://www.marketwatch.com/story/ibm-launches-internet-of-things-division-2015-09-14 | |||||||
| For today’s Market Update Report click to listen-> | |||||||