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Discount The Obvious

Pragmatic Investments

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What If iRobot Became the Apple of Robotics?

December 14, 2019 By Discount The Obvious

iRobot stock is down over 66% since April 2019, primarily due to higher China tariffs and more copycats entering the robotic vacuum market. They're managing these problems by diversifying their supply chain and litigating their patent disputes against copycats. In the meantime, iRobot has over 70% global market share in robotic vacuums, a solid product pipeline, and over … [Read more...] about What If iRobot Became the Apple of Robotics?

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