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Apple Wants to Be the Remote Control for Your House

In the following video, tech analyst Eric Bleeker and Max Macaluso discuss Apple's (NASDAQ: AAPL  ) plans to enter the smart home space. 
The smart home space has been expanding rapidly in recent years. Google  (NASDAQ: GOOG  ) made a major push when it acquired Nest for over $3 billion, and reports have it eyeing Dropbox, a company that makes connected video cameras. Now, reports from The Financial Times have Apple announcing its own software for managing the digital home at this week's WWDC conference in San Francisco. 
One of the major problems with the space is fragmentation. At a recent home automation conference, Eric was able to discuss the space with the CEO of Revolv, a company that creates a device and app that aggregates connected home products into a single app. 

To accomplish this, the company has created a device with seven different radios to handle all the different wireless standards -- WiFi, ZigBee, Z-Wave, etc. -- that different connected home products use. Also, there's no "HTML" for home devices, meaning the process of supporting different devices is difficult. 

The opportunity is massive, however. Revolv says their average customer has 12 different devices connected to their product. With the industry being tremendously un-user-friendly, it's easy to understand why Apple wants to try simplifying it.
To see Eric and Max's full thoughts on the connected home and where Apple's opportunity is in the space, watch the video. 

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Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On June 01, 2014, at 8:15 PM, parry69 wrote:

    Google is looking to buy DropCam, not DropBox

  • Report this Comment On June 01, 2014, at 8:56 PM, applefan1 wrote:

    I think whatever Apple comes out with in the home automation market will be a more low end, entry level system designed for easy DIY home automation vs the high end automation systems by companies like Crestron, Savant Systems, Control 4, etc. which are more expensive and installed by trained professionals where it's not the simple DIY installation. It doesn't take much to plug in a Hue light or a Nest, but to install automated curtains, drop down Home Theater projectors, etc. etc., that takes a lot more technical abilities that the average home owner doesn't have. But if you want to control everything on one platform, that already exists, it just costs a lot and can do pretty much ANYTHING, but requires professional installation.

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Eric Bleeker

Eric started at The Motley Fool in 2008 working in the Tech & Telecom sector. Today, he's the General Manager of You can follow him on Twitter to stay up to date with his tech industry analysis.

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