Telecom & Wireless

Consumer Electronics Show Generates Lots of Heat, Little Light

Apple mobile/touch devices
courtesy of Apple
A massive trade exhibition like the Consumer Electronics Show which officially opened today in Las Vegas carries with it a low of ‘wow’ — and this year’s show is no exception. There’s not much impact on share prices though, because most of the products that companies are showing off won’t be on the shelves for some time yet or they’ve just hit the shelves and companies are trying to get some traction in the market.

Here’s a rundown of some of the tech heavyweights and what they’ve put on display.

Apple Inc. (NASDAQ: AAPL) does not have a booth at CES but it’s hard to escape the feeling that every smartphone, tablet, and Internet TV is in some way being compared to the iPhone, iPad, or Apple TV. Apple’s shares are up fractionally at $524.06 in a 52-week range of $418.66 to $705.07.

Intel Corp. (NASDAQ: INTC) is pushing its low-power consumption Atom processor in a variety of applications, some of which won’t be available until around Christmas 2013. Intel’s shares are up 0.2% today at $21.30 in a 52-week range of $19.23 to $29.27.

Advanced Micro Devices Inc. (NYSE: AMD) is also pumping its low-power consumption processors aimed at the tablet market, where the company has virtually no presence Shares are up 0.4% at $2.68 in a 52-week range of $1.81 to $8.35.

Sony Corp. (NYSE: SNE) is pushing numbers — specifically, lots of pixels in its Ultra HD 4K-pixel monitors — which, while impressive, show just how badly the once-dominant maker of consumer electronics gear has missed the bus. Sony’s shares are down 2.8% at $10.66 in a 52-week range of $9.57 to $22.35.

Nvidia Corp. (NASDAQ: NVDA) introduced a new Tegra-4 processor and hand-held gaming platform called Project Shield that runs Android games like those found on smartphones and tablets using Google’s operating system. Shares are down 1.5% at $12.58 in a 52-week range of $11.15 to $16.90.

Google Inc. (NASDAQ: GOOG), like Apple is not at the show, but has announced new partners for its Google TV platform and other partners, like LG Electronics, Vizio, and Sony, are showing off new hardware as well. Google’s shares are down about 1.1% at $726.85 in a 52-week range of $556.52 to $774.38.

Qualcomm Corp. (NASDAQ: QCOM) said it is sending out samples of a camera chip that can record 4K Ultra HD video from a cellphone. Shares down about 0.3% at $63.84 in a 52-week range of $53.09 to $68.87.

Samsung Electronics is getting props for beating Apple to the punch with a voice-controlled TV again with 4K Ultra HD resolution.

Added to the list of heavyweights not present are Microsoft Corp. (NASDAQ: MSFT) and Amazon.com Inc. (NASDAQ: AMZN).

The consumer electronics industry is making another push into TV this year, and not just with the 4K Ultra HD devices with screens up to 85 inches in size. Internet-connected TVs are the next big thing, the device that will fit in with the smartphones and tablets consumers are already using to stream content and play games on the relatively tiny phone and tablet screens they already own. Pushing — or, in industry parlance, throwing — content to the big screen from your little hand-held device is the next holy grail.

100 Million Americans Are Missing This Crucial Retirement Tool

The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.

Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.

A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.

Click here to learn how to get a quote in just a few minutes.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.