The One Tech Stock That Could Destroy the iPhone

My biggest crush in high school was not a cheerleader.

My biggest crush in high school was a nerd.

She wore thick glasses, loose-fitting t-shirts, and spent much of her lunch break reading comic books in the library.

Her name was Amy Sokal, and I was fascinated by how well she knew her way around an Apple IIe.

We met at Skateland in 1984 and quickly became friends after realizing we both had a love of Star Wars and Dungeons and Dragons. But in 1986, her family moved to California, and I didn’t see her again until just a few years ago after she tracked me down on Twitter.

A lot has changed over the last 30 years, but Amy’s love of technology certainly has not.

From Teenage Nerd to Millionaire Inventor

Today, Amy works as an architect.

She lives in Northern California with her husband and three kids, still loves Star Wars, and still embraces technology the same way she did as a curious teenager in the dreary suburbs of Northern Maryland.

In fact, she even developed one of the first virtual reality programs to be used at her firm. It’s something she’s extremely passionate about — not just because developing this thing was a personal project of hers, but also because the final product made her a ridiculous amount of money.

The Latest Thing

Now, I’m not going to lie.

While I’ve always been fascinated by virtual reality, not until very recently did I fully understand just how far this stuff has come.

It was just a few months ago when I met with a local business leader here in Baltimore. We met over coffee, and he shared with me something that I found to be quite exciting. It was a virtual reality headset that let me see and experience a 360-degree display of a two-bedroom apartment that hadn’t even been built yet.

This local developer was using the device to lure potential tenants to a new apartment building that he was in the process of building. It wasn’t going to be ready for another year, but he was already taking reservations and deposits after allowing folks to view the units with this virtual reality headset.

Of course, compared to what’s coming next in the world of virtual reality, that experience can hardly be considered the “latest thing.”

The iPhone Killer

Right now, I can do practically anything with my smartphone.

I can check email, make phone calls, search the Internet, pay my bills, watch videos… hell, I could probably launch a space shuttle from this thing. So when my colleague Jason Stutman told me that this wonderful, magical device called the smartphone was about to go the way of the typewriter and betamax machine due in large part to advances in virtual reality, my interest was piqued.

Turns out not only is Jason convinced that there’s a new virtual reality technology that’s about to kill the smartphone (or iPhone, if you’re an Apple customer), but he’s been actively profiting from one of the companies that’s building the technology many are now calling the “iPhone killer.”

Apparently Google, Microsoft, and Facebook have already been quietly been doing business with this company, and deep-pocketed tech insiders have been quietly accumulating its stock.

Now, I can’t get into all the details, as I’m not as well versed in technology as Jason. But you can read Jason’s white paper on this technology and the company behind it. The ticker symbol for this company can also be found in Jason’s report, which you can access by clicking here.

To a new way of life and a new generation of wealth…

Jeff Siegel

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Jeff is a contributing analyst for New World Assets. For more on Jeff, go to his editor’s page.