Apple's Wearable Device to be Released Later this Year
March 4, 2013 1:09 PM
comment(s) - last by
Bloomberg said it could be more profitable than the TV
Apple fans rejoice: the next addition to your iCollection -- the so-called "iWatch" -- will reportedly be available later this year.
Apple has been
testing designs for a smart watch, which would act like a
. According to
, the wearable device will be available later this year and will run iOS.
Apple is currently tweaking certain features, such as increasing battery life to last four or five days (it currently only lasts a couple of days) and working on the iPhone's iOS so it can support the device. Apple also wants to build the watch's iOS from the ground up instead of starting with the iPod nano's touch operating system (which has a screen about the size of a watch).
The tech giant has been
with manufacturer Hon Hai Precision Industry Co.
about the new device, and Hon Hai has been working on new technologies for wearable devices (such as more efficient displays and chips at that size).
[Image Source: Lunatic]
a patent application
"Bi-stable spring with flexible display" was
filed by Apple
in 2011. It described a
bi-stable spring that would be made out of thin steel and wrapped in fabric covering, then heat-sealed. The display would be located on one side of the bracelet (overlaid with an adhesive) and the logic board and battery would be placed on the other side.
It also showed a universal fit, a plethora of onboard sensors, wireless charging, etc.
No matter what the end result is,
believes Apple could rake in the cash on this new venture. In fact, the report stated that the iWatch could be more profitable than the TV it's been working on.
, the global watch industry will generate over $60 billion in sales in 2013, where gross margins are about 60 percent. The TV industry will generate about $119 billion in sales this year, but with gross margins about four times less than watches. If Apple were to take a 10 percent share in each market, it'd be a gross profit of $3.6 billion for watches and $1.79 billion for TVs.
This article is over a month old, voting and posting comments is disabled
RE: Someone please explain to me
3/6/2013 12:32:51 PM
When I'm doing squat-thrusts, I really don't feel like I need a smartphone. Same goes for bench-press, tread-climber, etc.
Even if I'm running cross-country, a smartphone/mp3 player would be strapped to my arm, not readily visible to read. Smartphones are also NOT waterproof--eliminating their usefulness for doing laps in the pool.
I also call BS on "only hi-line models are selling." Timex Ironman is a perennial best-seller, and the Casio G-Shock is wildly popular. Hard-core outdoors types swear by brands like Suunto--and even the top-of-the-line Suunto's are still priced about where the cheapest Tag-Heuer begins.
Watches are NOT out of style. You need to get around more. WORKING types almost always carry them. You know...the kind who don't sit behind a desk & don't have that nifty system clock in on the lower-right taskbar.
"Folks that want porn can buy an Android phone." -- Steve Jobs
Apple Patent for "Slap Bracelet" Wearable Device Discovered
February 21, 2013, 11:17 AM
Reports: Apple Designing, Testing New Smart Watch
February 11, 2013, 11:50 AM
"Uncool" Apple iPhone Loses Ground in Asia
January 28, 2013, 9:29 AM
Get Ready for "Microsoft Lumia" Smartphones in Next Few Months
October 24, 2014, 12:26 PM
Report: Samsung Galaxy S5 to Receive Android 5.0 Lollipop in December
October 24, 2014, 11:26 AM
Dreadful Fire Phone Sales Lead to $170M Writedown for Amazon
October 24, 2014, 8:55 AM
Xiaomi Moves Data Out of China to Woo EU, America, Escape Security Concerns
October 23, 2014, 5:11 PM
Android Wear’s First Major Update Brings GPS, Offline Music Support
October 23, 2014, 1:34 PM
Samsung Announces Galaxy S5 Plus with Snapdragon 805 Processor, LTE-A
October 22, 2014, 3:40 PM
Most Popular Articles
Chinese Government Declares Digital War Against America's Top Tech Firms
October 20, 2014, 12:07 PM
Report: 2015 Ford Focus Electric MSRP Slashed by $6,000, Will Retail for $29,995
October 18, 2014, 6:23 PM
Apple Releases iOS 8.1; Adds Apple Pay Support, SMS Relay, Instant Hotspot
October 20, 2014, 1:00 PM
Windows 8.1 + Android "Sell Mini PC" w/ Bay Trail Creates New PC Form Factor
October 20, 2014, 5:07 PM
Update: Motorola Droid Turbo Coming Oct 28, 48-hour Battery Life Confirmed
October 19, 2014, 9:19 PM
Latest Blog Posts
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
Space Terrorism is a Looming Threat For the United States
Apr 23, 2014, 7:47 PM
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information