With the launch of the 10th anniversary iPhone 8 just months away, Apple Inc. AAPL 0.36% investors are anticipating the integration of new augmented reality technology into the landmark iPhone device. While the next step in AR will likely be integration with smart phones, Loup Ventures analyst Andrew Murphy expects augmented and virtual reality will eventually replace smartphones completely.
Beyond Reality
Facebook Inc FB 0.63% CEO Mark Zuckerberg explained the trend away from physical devices in a recent interview following Facebook’s F8 conference.
“Think about how many of the things you use [that] don’t actually need to be physical. You want to play a board game? You snap your fingers, and here’s the board game. You want to watch TV? You don’t need a physical hardware TV, you buy a one-dollar app ‘TV’ and put it on the wall,” Zuckerberg said.
Murphy says AR will certainly be a big growth source in the next decade, but it is simply a transitional stage to VR technology.
“If you look out further than that, perhaps 30+ years, the immersiveness of VR has the potential to be so good that it rivals base reality,” Murphy explained.
“If VR can create alternate worlds as rich as the real one, we think…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
