Barclays Apple S Homekit Siri Efforts Will Increase Customer Loyalty Not Revenue
A new analyst note today from Barclays covers Apple’s efforts and potential in the connected home market. While the firm expects Apple will be a major connected home player, it believes Apple will struggle to create more revenue from this part of its business. The latest note from Mark Moskowitz, Daniel Gaide, and Chang Liu at Barclays focuses on three main aspects of Apple’s iOS/HomeKit/Siri connected home efforts. The analysts don’t expect the upcoming HomePod to be a “vital component”....