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Focus Smart Home

Wi-Fi-enabled devices automate more houses

Smart-home products are poised to become a $60 billion global industry, according to research firm MarketsandMarkets. Yet consumers need spend only a few hundred dollars on each item to make their lives more automated.

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Apple may test bounds of iPhone love with $1,000 model

The trend reflects the increasing sophistication of smartphones, which have been evolving into status symbols akin to automobiles. In both cases, many consumers appear willing to pay a premium price for luxury models that take them where they want to go in style.

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