Less than one week ago on November 8th, Bloomberg published an article entitled, ‘Apple Is Ramping Up Work on AR Headset to Succeed iPhone’. According to Bloomberg, Apple is seeking to develop a breakthrough product to succeed the iPhone using augmented-reality (AR) technology. Apple plans to have the technology ready for an augmented-reality headset in 2019 with a product to ship as early as 2020.
This morning, Bloomberg has just published a brand new breaking news article entitled, “Apple Targets Rear-Facing 3-D Sensor for 2019 iPhone”. Today’s new article was just released a few hours ago and begins by saying, “Apple Inc. is working on a rear-facing 3-D sensor system for the iPhone in 2019, another step toward turning the handset into a leading augmented-reality device, according to people familiar with the plan.”
Today’s Bloomberg report goes onto say, “The addition of a rear-facing sensor would enable more augmented-reality applications in the iPhone. Apple Chief Executive Officer Tim Cook considers AR potentially as revolutionary as the smartphone itself.”
NIA is now 100% certain that augmented-reality (AR) technology is about to become the new #1 boom for investors on Wall Street and around the world! AR technology promises to excite investors in a way that’s very similar to Cryptocurrency technology and right now there is only one publicly traded pure play in the AR technology space: Vuzix (VUZI).
Currently trading for only $5.95 per share with a very low market cap of $132 million, VUZI has what is undoubtedly the #1 strongest patent portfolio covering just about all aspects of AR technology. For technology companies like Apple that are planning their future around AR technology, it will soon become a top priority for them to acquire all relevant patent portfolios – just like when Apple paid $356 million to acquire AuthenTec at a 60% premium for their fingerprint recognition patent portfolio, prior to Apple launching its Touch ID security for the iPhone in 2013!
Earlier in the month during Apple’s quarterly earnings conference call, CEO Tim Cook said the following about AR technology, “The reason I’m so excited about AR is I view that it amplifies human performance instead of isolates humans. And so as you know, it’s the mix of the virtual and the physical world and so it should be a help for humanity, not an isolation kind of thing for humanity.”
A few minutes ago, VUZI released HUGE breaking news that will surely get the attention of Apple and Google in the upcoming days! Today’s most widely used software platform for AR application development is the Vuforia® AR platform from PTC (NASDAQ: PTC), and they have decided to support VUZI’s recently launched, market leading, Vuzix M300 Smart Glasses!
Vuforia support for VUZI’s M300 Smart Glasses will enable users to improve workflows and open new market opportunities in the enterprise by giving 400,000 Vuforia developers a new hands-free option for deploying AR solutions! PTC is a $7.5 BILLION market cap company and they have worked closely with VUZI to optimize Vuforia for the M300!
VUZI looks ready to explode in the days/weeks ahead! Last week, VUZI broke out from a short-term downtrend, while surpassing both its 20 and 50 day moving averages! VUZI has a key breakout point of $6.50 per share – and after surpassing $6.50 per share, we expect to see a MASSIVE short squeeze with 2.9 million shares set to cover!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from a third-party for covering VUZI of $20,000 cash. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.