Logitech (NASDAQ: LOGI ) needs to develop a novel smartphone or tablet, Fool contributor Tim Beyers says in the following video.
Why? A broad shift to second-screen experiences has given devices more direct access and control over televised content. Think of the Chromecast. At a recent GigaOm conference, Netflix VP Todd Yellin described how the device could effectively make any mobile device a "first-screen" server of content to a TV.
He isn't the only one thinking this way. Twitter is working on a deal with Comcast whereby clicking on a tweet of a favorite program activates an on-demand TV menu, including associated video or even whole episodes.
Remotes are going to be largely left out of this shift, Tim asserts, which at some point will leave Logitech in need of a replacement for its Harmony all-in-one. An Android-based smartphone or tablet might fit the bill nicely. Do you agree? Would you buy a Logitech smartphone with advanced second-screen capability? Please watch the video to get Tim's full take and then leave a comment to let us know where you stand.
When you can't depend on the Next Big Thing
Logitech may very well be on its way to redefining the living room experience. Regardless, the best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report, "3 Stocks That Will Help You Retire Rich," names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.