Core Insights - Garmin has launched the inReach Mini 3 Plus, a compact satellite communicator designed for adventurers to stay connected beyond cellphone coverage [1][5] - The device features a color touchscreen, built-in speaker and microphone, allowing users to exchange voice messages, texts, and photos [1][2] - It includes an SOS feature that connects users to the Garmin Response center for emergency support [4] Product Features - The inReach Mini 3 Plus offers up to 330 hours of battery life in 10-minute tracking mode, making it suitable for multi-day trips without additional charging [1][5] - Users can send 30-second voice messages, read transcriptions, exchange texts (up to 1,600 characters), and share photos using the Garmin Messenger app [7] - The device is built to withstand extreme temperatures, has an impact-resistant design, and is rated IP67 for water resistance [5] Emergency Support - When an SOS is activated, the device sends an interactive message to the Garmin Response center, which has coordinated over 18,000 incident responses globally [4] - The response team can communicate with users and their emergency contacts, providing real-time updates during emergencies [4] Pricing and Availability - The inReach Mini 3 Plus is available for a suggested retail price of $499.99 [5]

Core Insights - The podcast discusses the emotional pitfalls of selling stocks too soon, emphasizing that selling good companies prematurely can lead to significant missed opportunities for gains [2][4][12] - Historical examples, such as Netflix and Sea Limited, illustrate how selling decisions based on short-term performance can result in substantial long-term losses [3][5][10] - A framework for evaluating when to sell stocks is proposed, focusing on business fundamentals rather than emotional reactions to market fluctuations [12][14] Emotional Temptations of Selling - Investors often succumb to emotional impulses driven by fear and greed, leading to premature selling of stocks that may recover or grow significantly [2][3] - The pain of perceived losses is more intense than the pleasure of gains, influencing investors to sell stocks that are declining or have appreciated significantly [2][3] Historical Examples of Selling Mistakes - David Gardner's sale of Netflix in 2003 for valuation reasons resulted in a missed opportunity for 26,000% gains had he held onto the stock [3] - Sea Limited was sold in November 2023, missing out on 223% gains, despite logical reasons for selling at the time [5][10] Framework for Selling Decisions - A structured approach to selling stocks is recommended, including evaluating whether the decision is based on business fundamentals, macroeconomic factors, or valuation concerns [12][13] - Key questions to consider include whether the stock has reached a financial milestone or if the business is still aligned with the investor's thesis [12][13][14] Importance of Patience and Long-Term Perspective - Holding onto stocks that have the potential for significant growth can outweigh the risks of short-term volatility [10][11] - The concept of asymmetric returns highlights that the potential upside of successful investments can far exceed the downside risk [9][10] Lessons from Past Sales - The podcast emphasizes the importance of reflecting on past selling decisions to avoid repeating mistakes and to recognize the potential for recovery in previously sold stocks [6][16] - Building a habit of reviewing earnings reports and company fundamentals can help investors resist the urge to sell based on market noise [15][16]

Core Insights - The market share of smartwatches supporting satellite communication is expected to increase from 2% in Q3 2025 to 28% by Q3 2030, driven by early market leaders like Apple and Huawei, and later by Google and Garmin as standardization occurs [1][5]. Market Trends - The early market (2025-2026) will be dominated by brands with proprietary satellite solutions, while from 2027 onwards, the adoption of standardized NB-NTN technology will accelerate the integration of satellite modems into wearable devices [1][5]. - Currently, satellite features are primarily found in high-end smartwatches priced above $500, but as NB-NTN technology scales, this barrier will gradually lower, allowing mid-range products to adopt satellite communication [5]. Brand Strategies - **Apple**: Plans to expand satellite functionality to the Apple Watch Ultra 3 by Q3 2025, utilizing a partnership with Globalstar for bidirectional NTN messaging and SOS features [6]. - **Google**: The Pixel Watch 4 will be the first Wear OS smartwatch to support true bidirectional satellite communication based on the 3GPP standard, allowing direct satellite messaging without smartphone pairing [6]. - **Garmin**: The Fenix 8 Pro will support bidirectional SOS and satellite messaging across North America and Europe, reinforcing Garmin's position in safety and exploration [10]. - **Huawei**: The Watch Ultimate 2 will utilize China's Tiantong-1 system for satellite communication, currently limited to the domestic market [10].

Core Viewpoint - The article discusses the significant growth potential of satellite-enabled smartwatches, predicting that their shipment share will increase from 2% in Q3 2025 to 28% by 2030, driven by advancements in NB-NTN technology and increasing consumer demand for reliable connectivity in remote areas [4][5][9]. Market Trends - Satellite-enabled smartwatches are emerging as a frontier in the wearable device ecosystem, connecting terrestrial networks with non-terrestrial networks (NTN) [5]. - The early market (2025-2026) will be dominated by brands like Apple and Huawei, which have proprietary satellite solutions, while from 2027 onwards, more Android OEMs will adopt standardized NB-NTN technology [5][8]. Adoption Drivers - The introduction of satellite SOS services by Apple in 2022 and Huawei's satellite connectivity service in 2023 has shifted satellite communication from niche to mainstream [9]. - The demand for reliable communication in outdoor and remote areas is expected to accelerate the adoption of satellite smartwatches [9]. Brand Strategies - Apple plans to expand its satellite functionality to the Apple Watch Ultra 3 by Q3 2025, partnering with Globalstar for two-way NTN messaging and SOS features [10]. - Google’s Pixel Watch 4 will be the first Wear OS smartwatch to support true two-way satellite communication based on the 3GPP NB-NTN standard [13]. - Garmin's Fenix 8 Pro will support two-way SOS and satellite messaging, reinforcing its position in the outdoor safety market [14]. - Huawei's Watch Ultimate 2 will utilize China's Tiantong system for satellite communication, currently limited to the domestic market [15]. Ecosystem Development - The development of NB-NTN in wearables is driven by advancements in chipsets and collaborations with satellite operators [16]. - Major chipset platforms are integrating NB-IoT and NTN functionalities, laying the groundwork for the next generation of satellite-enabled wearables [16]. - The competition will focus on battery efficiency, seamless switching between cellular and satellite networks, and stronger partnerships with satellite service providers [16].

Core Insights - Best Buy Canada has launched its Black Friday sale, offering discounts of up to 80% on various products [2][3] Product Discounts - Significant savings include $250 off the Apple iPhone 16 Pro Max 256GB, now priced at $1,199 [3] - A $430 discount on the Roku Select Series 75" 4K UHD HDR QLED Smart TV, bringing the price down to $1,069 [3] - Discounts on laptops include $300 off the HP 15.6" Laptop, now $699 [3] - The PlayStation 5 Slim Digital Edition is available with a $130 discount, priced at $469 [3] - Apple iPad A16 11" 128GB is discounted by $100, now $599 [3] - The Garmin fēnix 7 Pro Sapphire Solar smartwatch sees a $620 reduction, now $779 [3] - Samsung Galaxy S25 FE 128GB is available with a $170 discount, priced at $629 [3] - Sony WH-1000XM4 headphones are discounted by $152, now $298 [3] - Dyson V8 Origin Cordless Vacuum is available with a $150 discount, now $349 [3] - The Philips 800 Automatic Espresso Machine is discounted by $550, now $1,199 [3] - Lenovo IdeaPad Slim 3 15.6" Touchscreen Laptop sees a $250 discount, now $699 [3] - Samsung 65" S84F Series 4K UHD HDR OLED TV is available with a $700 discount, now $2,299 [3] - Razer BlackWidow V3 Gaming Keyboard is discounted by $50, now $149 [3] - Beats By Dr. Dre Studio Pro headphones are available with a $180 discount, now $319 [3] - Google Pixel 9a 128GB is discounted by $180, now $419 [3] - Sony BRAVIA Theatre System is available with a $400 discount, now $599 [3] - Heritage Infrared Steam Air Fryer sees an 80% discount, now $49 [3] - Starlink Mini Kit is available with a $300 discount, now $199 [3] - Dyson Airwrap i.d. Multi-Styler is discounted by $200, now $499 [3] - Bosch 100 Series Built-In Dishwasher sees a $550 discount, now $1,199 [3] - MotionGrey Ergo2 Adjustable Electric Standing Desk is available with a $170 discount, now $329 [3]

Core Insights - Garmin Ltd. is a leading global provider of navigation, communication, and wearable technology with a market cap of $36.5 billion [1] - The company has experienced stock underperformance, with a 9.8% decline over the past 52 weeks compared to a 12.4% increase in the S&P 500 Index [2] - Garmin reported better-than-expected Q3 2025 adjusted EPS of $1.99, but shares fell 11.5% due to missing revenue expectations of $1.77 billion [4] Financial Performance - For the fiscal year ending in December 2025, analysts expect Garmin's adjusted EPS to grow nearly 11% year-over-year to $8.20 [5] - The company has a mixed earnings surprise history, beating consensus estimates in three of the last four quarters [5] - Operating expenses increased by 15% to $590 million, influenced by higher personnel and R&D/SG&A costs [4] Analyst Ratings and Price Targets - Barclays raised its price target on Garmin to $208 from $167 while maintaining an "Underweight" rating [6] - The mean price target of $228.60 indicates a 21.3% premium to Garmin's current price levels, with a Street-high price target of $305 suggesting a 61.8% potential upside [6]

Core Insights - Thailand's Board of Investment (BOI) has approved Garmin's investment of 3 billion THB to establish a factory in Chonburi, producing GPS smartwatches and smart GPS navigation devices for vehicles and vessels [1] - This factory will be Garmin's first in ASEAN and is expected to commence production in 2026, with products aimed for local sales and exports [1] - The factory will utilize modern assembly lines and advanced technologies, including sensors for real-time heart rate and blood oxygen level measurement, as well as motion trackers for distance measurement, reinforcing Thailand's position as a manufacturing hub for smart electronic devices in ASEAN [1]

Core Insights - Garmin has been awarded five CES 2026 Innovation Awards for its innovative technology across various categories, highlighting its commitment to redefining consumer technology [1][2][3] Product Innovations - The award-winning products include: - **fnix 8 Pro - MicroLED**: Recognized in the Fashion Tech category, it features the world's first MicroLED display and inReach technology for satellite and LTE connectivity [3][4] - **Venu 4**: Awarded in the Digital Health category, this smartwatch includes features for health status and lifestyle logging to help users track health trends [4] - **Forerunner 970**: A premium GPS running and triathlon smartwatch recognized in the Sports & Fitness category, it boasts a bright AMOLED display and advanced training features [4] - **Blaze Equine Wellness System**: This product, designed for horses, provides real-time health insights and data, earning recognition in the Pet & Animal Tech category [4] - **Descent S1 Buoy**: A revolutionary buoy that enhances diver communication and safety, recognized in the Sports & Fitness category [5] Event Information - CES 2026 will take place from January 6-9 in Las Vegas, where Garmin will showcase its award-winning products at booth 3453 in the LVCC West Hall [5]

Core Insights - Garmin's shares fell by 15% following the release of third-quarter earnings, which showed a 12% sales growth but flat earnings per share (EPS) [1] - Despite raising its full-year EPS guidance from $8 to $8.15, the results did not meet analysts' expectations, leading to the stock decline [1][2] - The company's price-to-earnings ratio increased from 15 in 2022 to 32 prior to the earnings report, indicating high market expectations that were not met in Q3 [2] Financial Performance - Garmin reported a 12% increase in sales for the third quarter, but earnings per share remained flat [1] - The company has raised its full-year EPS guidance from $8 to $8.15, reflecting a positive outlook despite the recent earnings miss [1] - Garmin has nearly $4 billion in cash and minimal debt, with a dividend growth of 8% over the last five years, utilizing only 41% of its total net income for dividend payments [4] Business Segments and Diversification - Garmin operates in five distinct business segments: fitness, outdoor, aviation, marine, and auto OEM, providing operational diversification and growth options [3] - The company has seen its sales growth reaccelerate over the last two years, although it slightly missed revenue expectations in the latest earnings report [7] Investment Potential - With a current price-to-earnings ratio of 26, Garmin is considered an attractive option for dividend growth investors [5] - The company has generated five times the total returns of the S&P 500 since 2000, indicating strong long-term performance potential [5]

Core Insights - The article emphasizes the importance of taking proactive steps towards career advancement by suggesting individuals start their own businesses instead of waiting for promotions that may not materialize [1]. Group 1 - The quote from Sallie Krawcheck encourages a shift in mindset from hoping for external validation to creating personal opportunities [1].