Apple Inc. (AAPL), Google Inc (GOOG) and Amazon.com, Inc. (AMZN): Three Strong Tech Giants Battle It Out

As the competition for top dog in the device market continues, all three companies – Samsung, Apple, and Google Inc (NASDAQ:GOOG) – are allegedly planning to launch their own “smart watches” later in 2013. Now that the necessary components have become small enough – and inexpensive enough – a large percentage of smartphone customers will be able to connect to a wearable device at an affordable price.

This new product could be a real positive for any or all of the companies – and according to some analysts, sales are expected to explode over the next several years. Some reports even have estimated figures of almost half a billion device shipments per year by 2018 and $6 billion in annual sales.

The bottom line

Apple Inc. (NASDAQ:AAPL), now paying more than a $10.60 per share dividend to its stockholders and yielding 2.7% per year, has a share price that is estimated by analysts to skyrocket by nearly 48% over the next 52 weeks. Likewise, although Google Inc (NASDAQ:GOOG) and Samsung don’t presently offer a dividend payment to their shareholders, shares of Google are expected by analysts to gain in the neighborhood of 10% this year. And, as Samsung continues to work its way into a solid market-share position, these shares are likely to see a positive upward movement, as well.

With the myriad of both current and new tangible products, as well as the operating systems and applications on which to use them, all three of these tech giants could be clear winners in terms of shareholder value in both the short term and long term.

The article 3 Strong Tech Giants Battle It Out in the Mobile-Device Arena originally appeared on Fool.com.

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