Logitech (LOGI) Expands Its Portfolio With Latest Speaker

Core Insights - Logitech is expanding its market share in the consumer electronic accessories space with innovative products, supported by a projected CAGR of 5.68% from 2021 to 2032 in this market [2] - The company is recovering from the post-pandemic downturn, with shares returning 1.3% year-to-date, contrasting with a 22.6% decline in the Zacks Computer Peripheral Equipment Market [7] - Logitech's brand, Ultimate Ears, has introduced the portable speaker EVERBOOM and upgraded existing speakers with new features [11] Product Innovations - The EVERBOOM speaker is waterproof, dustproof, rated IP67, has a Bluetooth range of 55 meters, and a playtime of up to 20 hours [1] - Ultimate Ears has added a megaphone feature to its BOOM app, allowing users to project their voice through the speaker [5] - Logitech has improved its product lineup for Mac OS and iPadOS, including dedicated macOS keyboards [6] Strategic Partnerships and Certifications - Logitech has certified its Sight AI Camera for Microsoft Teams and verified its mouse and keyboard for Intel Evo laptops, meeting strict reliability and security requirements [3][13] - The company has launched a dedicated lineup of products for Apple's Mac under the brand name Logi for Mac [9] Market Outlook - The recovery in the personal computer market is expected to provide further growth momentum for Logitech, with fiscal 2025 earnings estimates revised upward from $4.07 to $4.28 [14]