Holiday sales forecasts

Virtual assistants expected to top virtual reality in holiday sales

Virtual assistants are set to pummel virtual reality headsets in the fight for consumer dollars this holiday season, while smartwatches drive wearable sales. Drones may fly under the radar, though. Interviews with nearly two dozen analysts indicate high hopes for holiday electronics sales, but estimates of what will be the hit have changed. After dubbing virtual reality as the “next mega tech theme” in a May 2015 industry report, brokerage Piper Jaffray will cut its 2016 estimate for sales of VR headsets by 65 percent to 2.2 million units in an as yet unpublished report. ….[READ]

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