Apple Wants to Grab You By the Wrist

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The pressure is on for Apple (NASDAQ: AAPL  ) to raise the bar in 2013, and it may have to do more than simply put out the widely anticipated full-blown HDTV. The time may be right for Apple to begin telling you what time it is.

Rumors of an Apple wristwatch are starting to make the rounds again.

Apple watcher iMore is picking up on a story from an Asian forum, suggesting that a smart watch is in the works.

Despite the specific details calling for Bluetooth connectivity and an 1.5-inch OLED screen, this is clearly little more than speculative chatter at this point. Right now it would seem as if Apple's merely taking the 2010 generation of its iPod nano with its square 1.55-inch screen and just slapping a wristband around it.

A watch -- even a smart watch -- would seem to be a gutsy call. Aren't fewer kids wearing watches these days because their smarpthones already show the time and date?

Then again, there's clearly a market for fashionable watches. Analysts see Fossil (NASDAQ: FOSL  ) growing its revenue at a double-digit clip in 2012 and again in 2013.

Apple may also be raising the bar on wellness given the success this year of Nike's (NYSE: NKE  ) FuelBand and the recently updated Jawbone Up. If Apple could put out a wristwatch that also monitors activity -- or perhaps even introduces a small camera for futuristic FaceTime -- don't you think that plenty of diehard Apple fans would turn out for that?

Sure. Nike has been a productive partner in pairing up its footwear and FuelBand with Apple gadgets, but at the end of the day Apple is on its own.

The rub here is that Apple can't afford a flop. Its stock has taken a hit in recent weeks. A smart television seems like a safe bet, but an Apple smart watch -- or iWatch, if you will -- may be a bit much even for fans of the world's most valuable tech company.

Either way, the clock is ticking on Apple. That never stops.

There's no doubt that Apple is at the center of technology's largest revolution ever, and that longtime shareholders have been handsomely rewarded with over 1,000% gains. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple, and what opportunities are left for the company (and your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.

Read/Post Comments (4) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On December 27, 2012, at 10:59 PM, techy46 wrote:

    I like the iGlasses idea more better.

  • Report this Comment On December 28, 2012, at 1:22 AM, peto3 wrote:

    Not everybody wears glasses or wants to and many won't. But everyone may want to - and can - wear a watch ...

  • Report this Comment On December 28, 2012, at 3:17 AM, sssteverrr wrote:

    The glasses are a joke. But a watch is a winner especially with Apple design. No margin compression either. The guts would probably cost less than a hundred bucks, but watches are jewelry and status as well. Apple could price them from $149 to $10,000 in 18 carrot gold or they could use that liquid metal they have the rights to and curved glass.

    This is a winner, hope they do it,meet busy Jonny.

  • Report this Comment On December 28, 2012, at 9:26 AM, pondee619 wrote:

    Dick Tracy.

    Google/Bing him if you don't get the reference to his two way wrist radio.

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