AWT News Update: January 5, 2016

AWT News Update: January 5, 2016

CES 2016 doesn't officially kick off until tomorrow, but that doesn't mean we don't have tons of news about the big technology event:

  • A CES announcement by Fitbit of its new Blaze smart fitness watch backfired, as investors sold shares and drove the price of Fitbit stock down over 18 percent today
  • Last night's Faraday Future (see picture of their concept car above) event begs the question -- is Apple really serious about getting into the car business? If they are, they'd better get moving
  • Sources say that Apple is cutting back on production of the iPhone 6s and 6s Plus citing decreased demand and robust inventories
  • Apple's data center plans are moving ahead, with permits acquired for a second facility in Reno, Nevada
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