Today, they can sport Google Glasses that make video phone calls. So, how our IQ would change our brains when using this device?
Since the transistor was invented at Bell Labs in New Providence, NJ, back in 1947, the U.S. has vaulted ahead of the rest of the world at every major high-tech milestone.
In the 1960s, for the first time people started using basic electronic calculators to perform addition and multiplication functions.
According to early reports, Google could hit the market with these glasses by the end of 2012. But let me be blunt about one thing. Cynics have blasted Google over this project. They note that the Web giant has made no promise it will ever release the glasses.
That’s true. But it misses the big-picture view.
Even if Google shelves its “Project Glass,” I predict that someone else will quickly step in to fill the void. And that option could turn out to be the better bet for investors.
After all, with its $200 billion market cap Google is such a big company that these glasses, as cool as they are, may not move the stock’s price all that much.
Either way, however, we win.
If Google Glasses do hit the market in time for the holiday, then we can all go out and grab a pair. If not, then we can look for a small-cap leader that’s gearing up to bring them (or something similar) to market and then invest in that company.
In that case, what we hope for as tech investors is a firm like InvenSense Inc. (NYSE: INVN).
This is a small-cap leader that makes motion sensors used in a wide range of electronics, including smartphones equipped with Google’s Android operating system.
Even after a huge recent sell off, the stock has returned more than 35% so far this year. Compared with Google’s year-to-date loss of about 6%, InvenSense is on fire.
As it turns out, there are two small companies on my radar screen with products in the same space as Google’s glasses.
Source: Money Morning
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