Wireless Xcessories Group (XWG)

[The_Free_Nebula]

From Yahoo Post..

iPhone Debuts June 29th
Tag it:?Written by mike
Friday, 08 June 2007


No doubt on June 29th, 2007 Steve Job, and Apple will once again make history as the much anticipated iPhone makes its debut. Early indications are that there will be two versions of the iPhone, a 4GB ($499.00) and an 8GB ($599.00). Probably the most anticipated phone in history, some estimates predict the iPhone will capture as much as 6% of the market on release.

And like other highly anticipated Apple product releases (namely iPod), there will be many other companies who benefit from the iPhone debut. Once such company who might stand to benefit from the iPhone is a small company called Wireless Xcessories Group (AMEX - XWG).

Wireless Xcessories Group, Inc. designs and distributes a range of accessories for cellular phones throughout the United States and Canada. The Company offers in excess of 3,000 items that include rechargeable batteries, personal and vehicle hands free kits, in-car and travel chargers, as well as a variety of carrying cases. The Company sells to dealers and distributors through an in-house sales force and directly from its website, http://www.wirexgroup.com.

Now why would I being doing this article on Wireless Xcessories Group instead of Mad Catz (Mad Catz was a previously Special Issue) since Mad Catz also provides some accessories for IPODS and cell phones? While I am a fan of Mad Catz as my previous articles have shown, I think Wireless Xcessories Group may be the front runner here with the rest of the accessory providers being the also-rans.

Wireless Xcessories Group is the largest wholesaler of aftermarket electronic and cellular accessories in America. This is their core business and not a sideline or simply another source of revenue. Sales are generated though the use of their inhouse sales team, email marketing, direct marketing and catalog. On the 1st Qtr Results Conference Call (dated May 8th,2007) CEO, Steve Rade stated they currently have an 80 page catalog for they are mailing to their customers. This is the first catalog in over 2 years. So in a nutshell, cell phone accessories is what they do and these highly anticipated product releases such as the iPhone are what they thrive on.

Does XWG have any sort of exclusive right or deals to market iPhone product? I really don' t know and have not heard anything to this affect. I do know that Apple has a program where they give some companies the rights to license product as an offical approved product. If XWG has or receives such a license, then this would bode very well indeed I would think. Again, as we near the launch more details will be forthcoming I am sure from all involved.

The iPhone will no doubt be a huge success and there will be many companies who will also reap the rewards by the nature of their business. Will Wireless Xcessories Group be the company who lead the pack? Time of course will tell but I wouldn't bet against this one.




Source : XWG largest wholesaler of aftermarket accessories

Source : iPhone will capture as much as 6% of the market on release