Scalper1 News
Apple’s (AAPL) “HomeKit” has been slow to gain traction in the home security market, but AT&T (T) and Comcast (CMCSA) are making inroads vs. incumbent ADT (ADT), says a Citigroup report. Apple launched HomeKit inn 2014. So far, there are only 15 HomeKit-enabled accessories from five manufacturers posted on Apple’s site, though “many more” are expected in coming months, said Citigroup analyst Jason Bazinet in the report. He upgraded ADT stock, Scalper1 News
Scalper1 News