Saturday, April 19, 2014

What Can a Toddler Tell us About the Future of Tech?

T with his first iPad @ 2

Being born in October of 2008 gives my son “T” a unique and untainted perspective of technology which could give insight on the future of gadgets and the companies who make them. With the first groundbreaking iPad making its debut (not the first tablet, but sure feels like it) when T turned 1.5 years old he was an early adopter to the new touchscreen tablet technology and is now an expert at navigating and using many different apps with iOS.  
When I saw how easily and naturally he took to the iPad, buying stock in AAPL was a no brainer, it was a clear indication that touchscreen tablets would be the future. AAPL is up over 400% since that time so T’s college is paid for! Growing up with a touchscreen may mean the end of the keyboard and mouse by the time he’s an adult, so tech companies who aren't evolving away from this ancient technology will continue their decline over time unless they can adapt to the change in input dynamics. 
He has used iPad, iPad2, iPad3, iPad mini, iPhone, iPhone3g and now currently uses an ipad mini retina and, iPhone4s.  Before we leave the house he always makes sure his iPad is making the trip with us so if any “boring stuff” happens he will have something to do. Needless to say we are long AAPL and will continue to own the stock as long as he keeps using the devices and refers to every tablet as an iPad. He also uses an Apple TV, Nintendo Wii, Blueray player, and Comcast DVR. There is a small netbook that he used a few times, but it's been sitting neglected and covered in dust since everything he does can be accomplished more quickly and easily on his iPad. T primarily uses the iDevices for streaming Netflix (NFLX up over 500%), Disney junior (DIS up almost 300%), and playing games of which he has spent over $200 in the app store so far. All this is great in retrospect but how can T’s insight help see more future tech trends and what stocks am I adding to his portfolio? 


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