If you asked most tech pundits which tech titan was most likely to win the wearable tech wars, few would give Microsoft Corp. (Nasdaq: MSFT) much of a chance.
You see, the Redmond, Wash.-based tech giant has a big problem as it enters the wearable tech arena. Its Windows platform, while still dominant on the desktop, is an also-ran in a mobile world dominated by Apple and Google.
But Microsoft CEO Satya Nadella is changing the rules.
Yesterday Google Inc. (Nasdaq: GOOG, GOOGL) said it was expanding Android to run not just on tablets and smartphones, but also on wearable tech like smartwatches, in-car entertainment systems, and its own Android TV. The software on Google's Chromebook laptops will also be better integrated with Android.
While it might strange for a product that's given away for free, Google's grand plans for Android will determine the fate of Google stock over the next several years.
With its acquisition of Basis Science Inc., Intel Corp. (Nasdaq: INTC) has sent a loud and clear message that it has every intention of being a leader in wearable tech.
Details were not disclosed, but TechCrunch reported that the maker of wearable devices such as the Basis B1 fitness band went to Intel for about $100 million.
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Apple has quietly been putting together a strategy that will allow it to gain the upper hand in a wearable tech market expected to explode over the next few years. That strategy revolves around the one thing that will
drive the most people to buy and use wearable tech devices...
Yesterday (Tuesday), Google Inc.(Nasdaq: GOOG) announced "Android Wear," an extension of its mobile Android operating system (OS) designed to power wearable gadgets - and it's going to be awesome.
Google said it will make its initial push in smartwatches, but that Android Wear won't end there.
"We're just getting started. The possibilities with devices that you wear on your body are endless," Android Director of Engineering David Singleton said in a preview video released along with the announcement.
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It's not hard to find stocks to buy in wearable technology - one of the hottest trends in tech right now.
But finding stocks to buy that aren't already big, popular names is a bit more challenging.
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With revenues mostly stagnant for the past four years, Intel has been in dire need of a growth market. And with wearable technology, the iconic chipmaker may have found exactly what it needs to revive its stock for the long term.
Here's what Intel is doing to capture this vital new market...
