Times have been curious for Apple (AAPL -0.57%) lately. Everybody seems to have an opinion about the business. While the company's stock has dropped, bears have shouted the end of days, and bulls have said it's the perfect time to buy.

How is Apple dealing with the stress? By playing around with a new toy, the "iWatch." Some believe this new gadget could do for the watch industry what the iPod did for music, and some think its hype is on par with the hugely buzzed and never released Apple HDTV. When can the rest of the world expect this new gadget's arrival, and could it really make a difference on its stock? Fool contributor Caroline Bennett answers these questions and more in the video below.