QualityStocksNewsBreaks – SPYR Inc. (SPYR) Positioned for Opportunity in Smart Home Product Sector
SPYR’s (OTCQB: SPYR) wholly owned subsidiary, Applied Magix Inc., develops and resells Apple(R) ecosystem compatible products. This positions the company to take advantage of significant growth potential for Apple’s smart home device segment, represented by the variance between the number of consumers who have owned an Apple product and those who have owned a smart home device. “Acquired in October 2020, just a few months after Apple’s WWDC, Applied Magix is a registered Apple developer and reseller of Apple ecosystem compatible products targeting the burgeoning multibillion-dollar smart home market,” notes a recent article. “Applied Magix sources white-label HomeKit products and…