This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

CES 2014: Day One Recap

Stocks in this article: AAPLGOOGTM

LAS VEGAS (TheStreet) -- The glitz and glamor of Las Vegas is certainly an appropriate backdrop for the Consumer Electronics Show, as companies demonstrate their best and brightest products for the world to see.

From televisions to tablets, to connected cars to the connected home, CES 2014 has been pretty much what you'd expect, with companies clamoring to show off their new wares. Some firms offered creative ways to get their message across, from QR codes on business cards containing in-depth presentations to NFC chips implanted right on your badges. Companies at CES are doing everything they can to woo consumers.

Here are three of the more important, interesting announcements/unveilings during the first day of CES:


Samsung's Big "Meh"

Samsung, which clearly has Apple (AAPL) in mind with almost everything it does, announced a slew of new products this year, including more smart appliances, several new televisions, and new tablets.

The smart appliances, which include a refrigerator, dishwasher, oven, washer and dryer, and microwave, continued to play on the "Internet of Things" theme, as more appliances and devices become connected to the Internet. It certainly wasn't impressive to me, and many of the presentation attendees. Perhaps the most interesting I learned during this portion of the presentation was that fish should be kept at 30 degrees, to preserve its flavor. Not exactly a ringing endorsement for the products themselves.



The company also announced several new televisions, including a curved, 4-K 105-inch television, which was pretty stunning. Unfortunately, director Michael Bay, who was brought on stage to help introduce the product, messed up his lines, and abruptly (and weirdly) walked off stage, overshadowing the announcement. That's live for ya, Michael.

Samsung also introduced a television, which brought the "oohs" and "ahhs" from the crowd.



Going back to the Apple-centric part of the presentation, Samsung announced several new tablets, including the Galaxy Pro and the Note Pro. This is clearly aimed at what Apple is reported to be doing with its iPad lineup. Samsung is trying to continually refine its tablets, but the notion of business-centric tablets did not come off as appealing.

In a research report following the event, Cantor Fitzgerald analyst Brian White noted that "[g]iven Apple's history with the "Pro" name in its products (e.g., the MacBook Pro), we are interested to see how Apple responds."

Time will tell on this one.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,810.06 +91.06 0.51%
S&P 500 2,063.50 +10.75 0.52%
NASDAQ 4,712.97 +11.1030 0.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs